Insider Buying: Coral Products PLC (LON:CRU) Insider Acquires £4,500 in Stock

Coral Products PLC (LON:CRU) insider Joseph (Joe) Grimmond bought 75,000 shares of the firm’s stock in a transaction on Monday, January 27th. The shares were purchased at an average price of GBX 6 ($0.07) per share, for a total transaction of £4,500 ($5,588.67).

Coral Products Stock Performance

Shares of LON CRU opened at GBX 6.10 ($0.08) on Friday. The stock has a market cap of £5.43 million, a PE ratio of -610.00 and a beta of 0.64. Coral Products PLC has a 1 year low of GBX 4.77 ($0.06) and a 1 year high of GBX 15.50 ($0.19). The firm has a fifty day moving average price of GBX 7.04 and a 200-day moving average price of GBX 8.94. The company has a debt-to-equity ratio of 93.25, a current ratio of 1.19 and a quick ratio of 0.74.

Coral Products (LON:CRU) last issued its quarterly earnings results on Monday, January 27th. The company reported GBX (0.35) ($0.00) earnings per share (EPS) for the quarter. Coral Products had a negative return on equity of 7.00% and a negative net margin of 2.95%. Equities analysts anticipate that Coral Products PLC will post 0.9733456 earnings per share for the current fiscal year.

About Coral Products

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.