Coral Products (LON:CRU) Sets New 1-Year Low – Should You Sell?

Coral Products PLC (LON:CRU) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 5.25 and last traded at GBX 5.48, with a volume of 299830 shares changing hands. The stock had previously closed at GBX 5.63.

Coral Products Stock Performance

The firm has a 50-day moving average of GBX 6.14 and a 200-day moving average of GBX 7.76. The stock has a market capitalization of £4.87 million, a price-to-earnings ratio of 2.56 and a beta of 0.29. The company has a current ratio of 1.14, a quick ratio of 0.74 and a debt-to-equity ratio of 119.30.

Insider Activity

In related news, insider David Low purchased 50,000 shares of the business’s stock in a transaction on Monday, April 20th. The shares were bought at an average cost of GBX 6 per share, with a total value of £3,000. Also, insider Ian Hillman purchased 80,907 shares of the business’s stock in a transaction on Monday, April 20th. The shares were bought at an average cost of GBX 6 per share, for a total transaction of £4,854.42. 33.01% of the stock is currently owned by company insiders.

Coral Products Company Profile

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.