Coral Products (LON:CRU) Issues Earnings Results

Coral Products (LON:CRU) released 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 net margin of 2.95% and a negative return on equity of 7.00%.

Coral Products Price Performance

CRU traded down GBX 0.01 ($0.00) on Wednesday, reaching GBX 6.37 ($0.08). The company had a trading volume of 60,828 shares, compared to its average volume of 142,714. 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 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 business has a 50 day simple moving average of GBX 7.06 and a 200 day simple moving average of GBX 9.

Insiders Place Their Bets

In other Coral Products news, insider Joseph (Joe) Grimmond purchased 75,000 shares of Coral Products stock in a transaction on Monday, January 27th. The shares were acquired at an average cost of GBX 6 ($0.07) per share, for a total transaction of £4,500 ($5,599.10). Corporate insiders own 39.93% of the company’s stock.

Coral Products Company Profile

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.