Crystal Amber (LON:CRS) Stock Price Down 8.5% – Here’s Why

Crystal Amber (LON:CRS)’s stock price was down 8.5% during trading on Tuesday . The stock traded as low as GBX 112.04 and last traded at GBX 112.04. Approximately 18,085 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 47,018 shares. The stock had previously closed at GBX 122.45.

Crystal Amber Trading Down 8.5%

The firm’s 50-day simple moving average is GBX 122.13 and its two-hundred day simple moving average is GBX 134.47. The stock has a market capitalization of £67.38 million, a PE ratio of -54.65 and a beta of 0.74.

About Crystal Amber

Crystal Amber Fund Limited is a closed-ended equity mutual fund launched by Crystal Amber Asset Management (Guernsey) Limited. It is managed by Crystal Amber Advisors (UK) LLP. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of mid-cap companies having market capitalizations between £100 million and £1,000 million. It employs an activist approach with a focus on such factors as replacement value, cash generation ability, balance sheet strength, and meetings with management to create its portfolio.