Coral Products (LON:CRU) Shares Break Below 50-Day Moving Average – Here’s Why

Coral Products PLC (LON:CRU – Get Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 4.27 and traded as low as GBX 2.56. Coral Products shares last traded at GBX 2.56, with a volume of 56,750 shares traded.

Coral Products Trading Down 0.2%

The company has a current ratio of 1.14, a quick ratio of 0.74 and a debt-to-equity ratio of 119.30. The business has a 50 day moving average of GBX 4.13 and a 200-day moving average of GBX 5.15. The stock has a market cap of £2.27 million, a PE ratio of 1.20 and a beta of 0.31.

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.

Further Reading

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