Coral Products (LON:CRU) Hits New 52-Week Low – What’s Next?

Coral Products PLC (LON:CRUGet Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 5 and last traded at GBX 5.85, with a volume of 67530 shares traded. The stock had previously closed at GBX 5.75.

Coral Products Stock Performance

The stock has a 50-day moving average of GBX 5.82 and a 200 day moving average of GBX 7.54. The firm has a market capitalization of £5.06 million, a P/E ratio of 2.66 and a beta of 0.31. The company has a debt-to-equity ratio of 119.30, a quick ratio of 0.74 and a current ratio of 1.14.

Insiders Place Their Bets

In other Coral Products news, insider David Low bought 50,000 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were bought at an average price of GBX 6 per share, for a total transaction of £3,000. Also, insider Ian Hillman bought 80,907 shares of the stock in a transaction dated Monday, April 20th. The stock was acquired at an average price of GBX 6 per share, with a total value of £4,854.42. 33.01% of the stock is currently owned by insiders.

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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