Coral Products (LON:CRU) Share Price Crosses Below 50-Day Moving Average of $11.50

Coral Products PLC (LON:CRU)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 11.50 ($0.14) and traded as low as GBX 9.70 ($0.12). Coral Products shares last traded at GBX 9.85 ($0.12), with a volume of 29,124 shares traded.

Coral Products Price Performance

The company has a quick ratio of 0.74, a current ratio of 1.39 and a debt-to-equity ratio of 82.77. The stock has a market cap of £8.78 million, a P/E ratio of 972.00 and a beta of 0.57. The business’s 50-day simple moving average is GBX 11.39 and its two-hundred day simple moving average is GBX 13.25.

Coral Products Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 1st were issued a GBX 0.50 ($0.01) dividend. This represents a dividend yield of 3.7%. The ex-dividend date of this dividend was Thursday, February 1st. Coral Products’s payout ratio is 10,000.00%.

About Coral Products

Coral Products PLC, together with its subsidiaries, manufactures and sells plastic injection and mouldings, extruded and vacuum formed, fabricated products, and cap enclosures in the United Kingdom, rest of Europe, and internationally. The company also designs, packages, and distributes lotion pumps, trigger sprays, nozzles, and aerosol caps.