Cordel Group (LON:CRDL) Announces Earnings Results

Cordel Group (LON:CRDL) released its earnings results on Tuesday. The company reported GBX (19) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Cordel Group had a negative return on equity of 46.39% and a negative net margin of 29.26%.

Cordel Group Stock Performance

LON:CRDL opened at GBX 6.50 on Tuesday. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.76 and a quick ratio of 1.25. The business has a fifty day simple moving average of GBX 6.53 and a two-hundred day simple moving average of GBX 6.65. Cordel Group has a 1 year low of GBX 5.05 and a 1 year high of GBX 8.47. The company has a market capitalization of £14.10 million, a P/E ratio of -15.85 and a beta of 1.18.

Insiders Place Their Bets

In related news, insider Ian Buddery purchased 350,000 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was purchased at an average cost of GBX 6 per share, with a total value of £21,000. Also, insider Jonathan Graham Macleod purchased 290,000 shares of the business’s stock in a transaction dated Tuesday, September 9th. The stock was bought at an average cost of GBX 6 per share, with a total value of £17,400. Company insiders own 21.45% of the company’s stock.

Cordel Group Company Profile

Cordel produces specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.

Further information on the Company is available at: www.cordel.ai