Coral Products (LON:CRU) Stock Price Crosses Below 50-Day Moving Average of $15.56

Coral Products plc (LON:CRUGet Rating)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 15.56 ($0.19) and traded as low as GBX 15.50 ($0.19). Coral Products shares last traded at GBX 16 ($0.19), with a volume of 58,816 shares trading hands.

The stock has a market cap of £13.34 million and a PE ratio of 32.00. The company has a quick ratio of 1.97, a current ratio of 2.99 and a debt-to-equity ratio of 25.07. The firm has a 50 day moving average price of GBX 15.56 and a 200 day moving average price of GBX 15.18.

The company also recently declared a dividend, which was paid on Wednesday, June 1st. Stockholders of record on Thursday, May 12th were paid a dividend of GBX 0.40 ($0.00) per share. The ex-dividend date was Thursday, May 12th. This represents a dividend yield of 2.86%. Coral Products’s dividend payout ratio is currently 1.00%.

In related news, insider Joseph (Joe) Grimmond bought 25,000 shares of the business’s stock in a transaction on Thursday, June 9th. The shares were bought at an average price of GBX 17 ($0.21) per share, for a total transaction of £4,250 ($5,158.39).

Coral Products Company Profile (LON:CRU)

Coral Products plc, together with its subsidiaries, manufactures and sells plastic injection, extruded, vacuum formed, fabricated products in the United Kingdom, rest of Europe, and internationally. The company also resells and distributes a range of trigger sprays and nozzles; and designs, packages, and distributes lotion pumps, trigger sprays, and aerosol caps, as well as operates as a trade molder for other U.K.

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