Coral Products (LON:CRU) Stock Price Up 15.5% – Still a Buy?

by · The Cerbat Gem

Coral Products PLC (LON:CRU – Get Free Report)’s share price traded up 15.5% during mid-day trading on Thursday . The stock traded as high as GBX 6.65 ($0.09) and last traded at GBX 6.64 ($0.09). 338,329 shares were traded during trading, an increase of 119% from the average session volume of 154,444 shares. The stock had previously closed at GBX 5.75 ($0.07).

Coral Products Stock Up 15.5 %

The company has a debt-to-equity ratio of 93.25, a quick ratio of 0.74 and a current ratio of 1.19. The business has a 50-day simple moving average of GBX 9.28 and a two-hundred day simple moving average of GBX 11.13. The company has a market capitalization of £5.91 million, a price-to-earnings ratio of -575.00 and a beta of 0.64.

Coral Products Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 12th will be issued a dividend of GBX 0.25 ($0.00) per share. This represents a yield of 4%. The ex-dividend date of this dividend is Thursday, December 12th. Coral Products’s dividend payout ratio is presently -10,000.00%.

Coral Products Company Profile

(Get Free Report)

Coral Products PLC, together with its subsidiaries, manufactures and sells plastic injection and mouldings, extruded and vacuum formed, fabricated products, and cap enclosures in the United Kingdom, rest of Europe, and internationally. The company also designs, packages, and distributes lotion pumps, trigger sprays, nozzles, and aerosol caps.

Recommended Stories