Coral Products (LON:CRU) Shares Cross Below 50-Day Moving Average – Time to Sell?

Posted by Anthony Miller on Mar 6th, 2025

Coral Products PLC (LON:CRU – Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 6.22 ($0.08) and traded as low as GBX 5.97 ($0.08). Coral Products shares last traded at GBX 6.09 ($0.08), with a volume of 109,295 shares.

Coral Products Stock Performance

The stock has a market capitalization of £5.52 million, a PE ratio of -6.07 and a beta of 0.64. The business has a 50 day moving average price of GBX 6.22 and a 200 day moving average price of GBX 7.71. The company has a debt-to-equity ratio of 93.25, a current ratio of 1.19 and a quick ratio of 0.74.

Coral Products (LON:CRU – Get Free Report) last released its quarterly earnings data on Monday, January 27th. The company reported GBX (0.35) ($0.00) EPS for the quarter. Coral Products had a negative net margin of 2.95% and a negative return on equity of 6.84%. As a group, equities research analysts expect that Coral Products PLC will post 0.9733456 earnings per share for the current year.

Insider Activity at Coral Products

In other Coral Products news, insider Paul Rice acquired 93,672 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were bought at an average cost of GBX 6 ($0.08) per share, with a total value of £5,620.32 ($7,244.55). Also, insider Joseph (Joe) Grimmond bought 75,000 shares of the company’s stock in a transaction on Monday, January 27th. The stock was purchased at an average cost of GBX 6 ($0.08) per share, for a total transaction of £4,500 ($5,800.46). Insiders have acquired 183,672 shares of company stock valued at $1,102,032 over the last ninety days. Insiders own 39.93% of the company’s stock.

About Coral Products

(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.