Cordel Group (LON:CRDL) Issues Quarterly Earnings Results

Cordel Group (LON:CRDL) announced its earnings results on Wednesday. The company reported GBX (0.12) ($0.00) earnings per share for the quarter, Digital Look Earnings reports. Cordel Group had a negative net margin of 11.27% and a negative return on equity of 18.66%.

Cordel Group Stock Performance

Shares of LON:CRDL traded down GBX 0.45 ($0.01) during trading on Friday, hitting GBX 7.30 ($0.09). The company’s stock had a trading volume of 1,852,447 shares, compared to its average volume of 462,812. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.28 and a quick ratio of 1.25. The company has a 50-day moving average of GBX 6.80 and a 200-day moving average of GBX 5.94. The firm has a market cap of £14.56 million, a price-to-earnings ratio of -7.78 and a beta of 1.18. Cordel Group has a 12 month low of GBX 3.10 ($0.04) and a 12 month high of GBX 8.25 ($0.10).

Insider Activity

In other news, insider John Andrew Davis bought 71,367 shares of Cordel Group stock in a transaction dated Wednesday, November 13th. The shares were purchased at an average cost of GBX 7 ($0.09) per share, with a total value of £4,995.69 ($6,170.57). Insiders own 55.25% of the company’s stock.

About Cordel Group

Cordel produces specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.

Further information on the Company is available at: www.cordel.ai