Cordel Group (LON:CRDL) Issues Earnings Results

Cordel Group (LON:CRDL) announced its earnings results on Wednesday. The company reported GBX (0.12) ($0.00) earnings per share for the quarter, Digital Look Earnings reports. Cordel Group had a negative return on equity of 18.66% and a negative net margin of 11.27%.

Cordel Group Stock Performance

LON CRDL traded down GBX 0.45 ($0.01) on Friday, hitting GBX 7.30 ($0.09). 1,852,447 shares of the stock traded hands, compared to its average volume of 462,812. The firm has a market capitalization of £14.56 million, a price-to-earnings ratio of -7.78 and a beta of 1.18. The business’s fifty day moving average is GBX 6.80 and its two-hundred day moving average is GBX 5.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.25 and a current ratio of 2.28. Cordel Group has a 12 month low of GBX 3.10 ($0.04) and a 12 month high of GBX 8.25 ($0.10).

Insider Buying and Selling

In related news, insider John Andrew Davis acquired 71,367 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were bought at an average cost of GBX 7 ($0.09) per share, for a total transaction of £4,995.69 ($6,170.57). 55.25% of the stock is currently owned by insiders.

About Cordel Group

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