Coral Products (LON:CRU) Posts Quarterly Earnings Results

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

Coral Products Stock Down 0.1 %

Shares of CRU traded down GBX 0.01 ($0.00) during trading hours on Wednesday, reaching GBX 6.37 ($0.08). 60,828 shares of the stock traded hands, compared to its average volume of 142,714. Coral Products has a 52 week low of GBX 4.77 ($0.06) and a 52 week high of GBX 15.50 ($0.19). The company has a market cap of £5.67 million, a price-to-earnings ratio of -637.00 and a beta of 0.64. The stock has a fifty day simple moving average of GBX 7.06 and a 200 day simple moving average of GBX 9. The company has a current ratio of 1.19, a quick ratio of 0.74 and a debt-to-equity ratio of 93.25.

Insider Buying and Selling at Coral Products

In related news, insider Joseph (Joe) Grimmond purchased 75,000 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were bought at an average cost of GBX 6 ($0.07) per share, with a total value of £4,500 ($5,599.10). Company insiders own 39.93% of the company’s stock.

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.