Coral Products (LON:CRU) Shares Pass Below Fifty Day Moving Average – Should You Sell?
by Jessica Moore · The Cerbat GemCoral Products PLC (LON:CRU – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 traded.
Coral Products Stock Performance
The company has a market cap of £5.04 million, a price-to-earnings ratio of 2.65 and a beta of 0.29. The company has a debt-to-equity ratio of 119.30, a current ratio of 1.14 and a quick ratio of 0.74. The stock has a 50-day moving average price of GBX 6.71 and a 200 day moving average price of GBX 8.07.
Insider Transactions at Coral Products
In other Coral Products news, insider Ian Hillman purchased 80,907 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were bought at an average price of GBX 6 per share, with a total value of £4,854.42. Also, insider David Low purchased 50,000 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were acquired at an average cost of GBX 6 per share, for a total transaction of £3,000. Company 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.