Coral Products (LON:CRU) Stock Price Up 13.2% – Still a Buy?

Coral Products PLC (LON:CRUGet Free Report) rose 13.2% during mid-day trading on Friday . The stock traded as high as GBX 9.50 and last traded at GBX 9.34. Approximately 548,544 shares were traded during mid-day trading, an increase of 327% from the average daily volume of 128,384 shares. The stock had previously closed at GBX 8.25.

Coral Products Trading Up 13.9%

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 firm has a 50 day simple moving average of GBX 10.01 and a two-hundred day simple moving average of GBX 9.26. The firm has a market capitalization of £8.35 million, a P/E ratio of -3.06 and a beta of 0.64.

About Coral Products

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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.

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