Coral Products (LON:CRU) Shares Down 4.9% – What’s Next?

Coral Products PLC (LON:CRU)’s stock price was down 4.9% during trading on Tuesday . The stock traded as low as GBX 6.25 ($0.08) and last traded at GBX 6.42 ($0.08). Approximately 103,786 shares changed hands during trading, a decline of 29% from the average daily volume of 147,045 shares. The stock had previously closed at GBX 6.75 ($0.08).

Coral Products Price Performance

The stock has a market capitalization of £5.79 million, a price-to-earnings ratio of -650.00 and a beta of 0.64. The business has a 50-day simple moving average of GBX 7.16 and a two-hundred day simple moving average of GBX 9.98. The company has a quick ratio of 0.74, a current ratio of 1.19 and a debt-to-equity ratio of 93.25.

Coral Products Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 12th will be paid a dividend of GBX 0.25 ($0.00) per share. The ex-dividend date is Thursday, December 12th. This represents a yield of 4%. Coral Products’s dividend payout ratio is currently -10,000.00%.

Coral Products Company Profile

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.