Coral Products (LON:CRU) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Coral Products PLC (LON:CRUGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 9.57 and traded as low as GBX 8.53. Coral Products shares last traded at GBX 8.75, with a volume of 22,754 shares trading hands.

Coral Products Trading Up 0.6%

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 £7.71 million, a PE ratio of 12.06 and a beta of 0.64. The company’s 50 day moving average price is GBX 9.57 and its 200 day moving average price is GBX 9.40.

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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