Geraint Davies Purchases 50,000 Shares of CT Automotive Group plc (LON:CTA) Stock

CT Automotive Group plc (LON:CTA) insider Geraint Davies purchased 50,000 shares of CT Automotive Group stock in a transaction on Friday, March 14th. The stock was purchased at an average price of GBX 2,750 ($35.72) per share, for a total transaction of £1,375,000 ($1,785,946.23).

CT Automotive Group Stock Performance

LON:CTA opened at GBX 27 ($0.35) on Tuesday. The stock has a market capitalization of £24.87 million, a P/E ratio of 2.63 and a beta of 0.11. CT Automotive Group plc has a 1 year low of GBX 26 ($0.34) and a 1 year high of GBX 72 ($0.94). The firm has a 50 day moving average of GBX 31.83 and a 200-day moving average of GBX 43.49. The company has a current ratio of 1.07, a quick ratio of 0.44 and a debt-to-equity ratio of 131.01.

CT Automotive Group Company Profile

CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example dashboard panels and fascia finishes) and kinematic assemblies (for example air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling.

CT Automotive’s operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors.