Coral Products (LON:CRU) Trading Down 12.9% – Here’s Why

Coral Products PLC (LON:CRUGet Free Report) shares dropped 12.9% during trading on Wednesday . The stock traded as low as GBX 5.01 and last traded at GBX 5.01. Approximately 385,594 shares were traded during mid-day trading, an increase of 188% from the average daily volume of 133,817 shares. The stock had previously closed at GBX 5.75.

Coral Products Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.74 and a debt-to-equity ratio of 119.30. The stock has a market cap of £4.45 million, a price-to-earnings ratio of 2.34 and a beta of 0.31. The company has a 50 day simple moving average of GBX 5.36 and a 200-day simple moving average of GBX 6.62.

Coral Products Company Profile

(Get Free Report)

Coral Products PLC is a manufacturer and distributor of plastic products within a wide range of sectors.
The Group has operations in the UK with manufacturing facilities in Wythenshawe and Denton, Greater Manchester and a distribution facility in Hyde, Greater Manchester.

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