Shares of CT Automotive Group plc (LON:CTA – Get Free Report) were down 5.2% on Monday. The company traded as low as GBX 18.50 and last traded at GBX 19.50. 10,989,430 shares traded hands during trading, an increase of 2,610% from the average session volume of 405,517 shares. The stock had previously closed at GBX 20.57.
CT Automotive Group Stock Down 5.2%
The business’s 50 day moving average price is GBX 29.03 and its 200-day moving average price is GBX 31.41. The company has a debt-to-equity ratio of 77.48, a current ratio of 1.24 and a quick ratio of 0.44. The company has a market cap of £14.35 million, a P/E ratio of 2.29 and a beta of 0.70.
About CT Automotive Group
CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example dashboard panels and fascia finishes) and kinematic assemblies (for example air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling.
CT Automotive’s operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors. This has helped the Company build a high-quality roster of world leading OEM end customers, both directly and via global Tier One suppliers including Faurecia and Marelli.
See Also
- Five stocks we like better than CT Automotive Group
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
- Insider Buying Is Rising at These 3 Regional Banks, But the Details Matter
- Illinois Tool Works Faces Headwinds—2 Alternatives Stand Out
- Luxury’s Middle Market Is Cracking—These 3 Stocks Could Win
Receive News & Ratings for CT Automotive Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CT Automotive Group and related companies with MarketBeat.com's FREE daily email newsletter.
