CT Automotive Group (LON:CTA) Insider Geraint Davies Buys 25,200 Shares

CT Automotive Group plc (LON:CTA) insider Geraint Davies bought 25,200 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was purchased at an average cost of GBX 32 per share, for a total transaction of £8,064.

CT Automotive Group Trading Down 3.4%

CTA opened at GBX 32 on Wednesday. CT Automotive Group plc has a 52 week low of GBX 21 and a 52 week high of GBX 47. The company has a quick ratio of 0.44, a current ratio of 1.07 and a debt-to-equity ratio of 131.01. The business has a fifty day simple moving average of GBX 33.95 and a 200-day simple moving average of GBX 36.69. The firm has a market cap of £23.55 million, a P/E ratio of 3.04 and a beta of 0.11.

About CT Automotive Group

CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example dashboard panels and fascia finishes) and kinematic assemblies (for example air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling.

CT Automotive’s operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors.