Coral Products (LON:CRU) Releases Earnings Results

Coral Products (LON:CRU) posted its quarterly earnings data 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 net margin of 2.95% and a negative return on equity of 7.00%.

Coral Products Price Performance

Shares of LON:CRU traded down GBX 0.01 ($0.00) on Wednesday, reaching GBX 6.37 ($0.08). 60,828 shares of the company traded hands, compared to its average volume of 142,714. The company has a debt-to-equity ratio of 93.25, a current ratio of 1.19 and a quick ratio of 0.74. The stock has a market capitalization of £5.67 million, a PE ratio of -637.00 and a beta of 0.64. The company’s 50 day moving average is GBX 7.06 and its 200-day moving average is GBX 9. Coral Products has a fifty-two week low of GBX 4.77 ($0.06) and a fifty-two week high of GBX 15.50 ($0.19).

Insider Transactions at Coral Products

In other news, insider Joseph (Joe) Grimmond purchased 75,000 shares of Coral Products stock in a transaction dated Monday, January 27th. The stock was acquired at an average cost of GBX 6 ($0.07) per share, for a total transaction of £4,500 ($5,599.10). 39.93% of the stock is 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.