Coral Products (LON:CRU) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Coral Products PLC (LON:CRUGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 8.71 and traded as low as GBX 7.25. Coral Products shares last traded at GBX 7.59, with a volume of 29 shares trading hands.

Coral Products Stock Performance

The stock’s 50 day moving average is GBX 8.65 and its two-hundred day moving average is GBX 9. The firm has a market capitalization of £6.65 million, a P/E ratio of 3.50 and a beta of 0.64. The company has a debt-to-equity ratio of 119.30, a current ratio of 1.14 and a quick ratio of 0.74.

About Coral Products

(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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