Insider Buying: Coral Products PLC (LON:CRU) Insider Purchases 75,000 Shares of Stock

Coral Products PLC (LON:CRU) insider Joseph (Joe) Grimmond bought 75,000 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were acquired at an average price of GBX 6 ($0.07) per share, with a total value of £4,500 ($5,599.10).

Coral Products Trading Up 13.3 %

CRU stock traded up GBX 0.75 ($0.01) during mid-day trading on Tuesday, reaching GBX 6.38 ($0.08). 961,365 shares of the stock traded hands, compared to its average volume of 180,922. The company has a debt-to-equity ratio of 93.25, a quick ratio of 0.74 and a current ratio of 1.19. Coral Products PLC has a one year low of GBX 4.77 ($0.06) and a one year high of GBX 15.50 ($0.19). The stock has a market capitalization of £5.68 million, a PE ratio of -637.50 and a beta of 0.64. The business has a 50-day moving average price of GBX 7.11 and a two-hundred day moving average price of GBX 9.11.

Coral Products (LON:CRU) last released its quarterly earnings results on Monday, January 27th. The company reported GBX (0.35) ($0.00) EPS for the quarter. Coral Products had a negative net margin of 2.95% and a negative return on equity of 7.00%. Equities research analysts expect that Coral Products PLC will post 0.9733456 EPS for the current year.

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.