Coral Products (LON:CRU) Releases Earnings Results

Coral Products (LON:CRU) announced its earnings results on Monday. The company reported GBX (0.35) ($0.00) EPS for the quarter, Digital Look Earnings reports. Coral Products had a negative return on equity of 7.00% and a negative net margin of 2.95%.

Coral Products Price Performance

Coral Products stock traded down GBX 0.38 ($0.00) on Wednesday, reaching GBX 6 ($0.07). The company’s stock had a trading volume of 17,060 shares, compared to its average volume of 140,526. The business’s fifty day moving average price is GBX 7.06 and its 200 day moving average price is GBX 9. The company has a debt-to-equity ratio of 93.25, a quick ratio of 0.74 and a current ratio of 1.19. The company has a market cap of £5.34 million, a price-to-earnings ratio of -600.00 and a beta of 0.64. Coral Products has a twelve month low of GBX 4.77 ($0.06) and a twelve month high of GBX 15.50 ($0.19).

Insider Activity

In related news, insider Joseph (Joe) Grimmond acquired 75,000 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was purchased at an average price of GBX 6 ($0.07) per share, for a total transaction of £4,500 ($5,599.10). 39.93% of the stock is currently owned by corporate insiders.

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.