CT Automotive Group plc (LON:CTA) Insider Buys £1,375,000 in Stock

CT Automotive Group plc (LON:CTA) insider Geraint Davies purchased 50,000 shares of the stock in a transaction on Friday, March 14th. The stock was bought at an average cost of GBX 2,750 ($35.66) per share, for a total transaction of £1,375,000 ($1,782,935.68).

CT Automotive Group Stock Down 1.5 %

CT Automotive Group stock opened at GBX 26.60 ($0.34) on Friday. The stock has a market cap of £24.50 million, a P/E ratio of 2.59 and a beta of 0.11. The company has a quick ratio of 0.44, a current ratio of 1.07 and a debt-to-equity ratio of 131.01. CT Automotive Group plc has a twelve month low of GBX 26 ($0.34) and a twelve month high of GBX 72 ($0.93). The company’s 50-day moving average price is GBX 31.13 and its two-hundred day moving average price is GBX 42.87.

CT Automotive Group Company Profile

CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example dashboard panels and fascia finishes) and kinematic assemblies (for example air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling.

CT Automotive’s operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors.