Coral Products (LON:CRU – Get Free Report) issued its quarterly earnings results on Monday. The company reported GBX (0.35) ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Coral Products had a negative net margin of 2.95% and a negative return on equity of 7.00%.
Coral Products Stock Performance
LON:CRU opened at GBX 6 ($0.07) on Wednesday. The company has a current ratio of 1.19, a quick ratio of 0.74 and a debt-to-equity ratio of 93.25. The company has a 50-day moving average of GBX 7.06 and a 200-day moving average of GBX 9. Coral Products has a twelve month low of GBX 4.77 ($0.06) and a twelve month high of GBX 15.50 ($0.19). The firm has a market cap of £5.34 million, a price-to-earnings ratio of -600.00 and a beta of 0.64.
Insider Buying and Selling
In other news, insider Joseph (Joe) Grimmond bought 75,000 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were acquired at an average cost of GBX 6 ($0.07) per share, with a total value of £4,500 ($5,599.10). 39.93% of the stock is currently owned by insiders.
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.
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