Coral Products (LON:CRU) Trading Up 15.5% – Still a Buy?

Coral Products PLC (LON:CRU)’s share price traded up 15.5% during mid-day trading on Thursday . The stock traded as high as GBX 6.65 ($0.09) and last traded at GBX 6.64 ($0.09). Approximately 338,329 shares were traded during trading, an increase of 119% from the average daily volume of 154,444 shares. The stock had previously closed at GBX 5.75 ($0.07).

Coral Products Trading Up 15.5 %

The company has a debt-to-equity ratio of 93.25, a current ratio of 1.19 and a quick ratio of 0.74. The firm has a market cap of £5.91 million, a price-to-earnings ratio of -575.00 and a beta of 0.64. The business’s 50-day moving average price is GBX 9.28 and its two-hundred day moving average price is GBX 11.13.

Coral Products Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 17th. Stockholders of record on Thursday, December 12th will be issued a dividend of GBX 0.25 ($0.00) per share. This represents a dividend yield of 4%. The ex-dividend date is Thursday, December 12th. Coral Products’s dividend payout ratio (DPR) is -10,000.00%.

Coral Products Company Profile

Coral Products PLC, together with its subsidiaries, manufactures and sells plastic injection and mouldings, extruded and vacuum formed, fabricated products, and cap enclosures in the United Kingdom, rest of Europe, and internationally. The company also designs, packages, and distributes lotion pumps, trigger sprays, nozzles, and aerosol caps.