Coral Products (LON:CRU) Releases Quarterly Earnings Results

Coral Products (LON:CRU) posted its quarterly earnings results on Monday. The company reported GBX (0.35) ($0.00) earnings per share 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 Stock Performance

CRU stock traded down GBX 0.38 ($0.00) on Wednesday, reaching GBX 6 ($0.07). 17,060 shares of the company were exchanged, compared to its average volume of 140,526. The firm has a market capitalization of £5.34 million, a PE ratio of -600.00 and a beta of 0.64. Coral Products has a 12 month low of GBX 4.77 ($0.06) and a 12 month high of GBX 15.50 ($0.19). The stock’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 current ratio of 1.19 and a quick ratio of 0.74.

Insider Buying and Selling at Coral Products

In other news, insider Joseph (Joe) Grimmond acquired 75,000 shares of the firm’s stock in a transaction dated Monday, January 27th. The shares were bought at an average price of GBX 6 ($0.07) per share, with a total value of £4,500 ($5,599.10). Insiders own 39.93% of the company’s stock.

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.