Coral Products PLC (LON:CRU – Get Free Report)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 6.78 and traded as low as GBX 5.52. Coral Products shares last traded at GBX 5.52, with a volume of 33,131 shares trading hands.
Coral Products Stock Up 0.8%
The business has a 50-day simple moving average of GBX 6.78 and a two-hundred day simple moving average of GBX 8.09. The stock has a market capitalization of £5.04 million, a P/E ratio of 2.65 and a beta of 0.29. The company has a quick ratio of 0.74, a current ratio of 1.14 and a debt-to-equity ratio of 119.30.
Insiders Place Their Bets
In related news, insider David Low purchased 50,000 shares of the stock in a transaction on Monday, April 20th. The shares were purchased at an average cost of GBX 6 per share, for a total transaction of £3,000. Also, insider Ian Hillman purchased 80,907 shares of the stock in a transaction on Monday, April 20th. The stock was bought at an average price of GBX 6 per share, for a total transaction of £4,854.42. Corporate insiders own 32.86% of the company’s stock.
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.
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