Coral Products (LON:CRU) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Coral Products PLC (LON:CRUGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 6.14 and traded as low as GBX 5.50. Coral Products shares last traded at GBX 5.50, with a volume of 154,948 shares traded.

Coral Products Price Performance

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’s fifty day moving average is GBX 6.07 and its 200 day moving average is GBX 7.72. The firm has a market capitalization of £4.90 million, a P/E ratio of 2.58 and a beta of 0.29.

Insider Buying and Selling

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

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.

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