Coral Products (LON:CRU) Shares Cross Below Fifty Day Moving Average – Here’s Why

Shares of Coral Products PLC (LON:CRUGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 8.71 and traded as low as GBX 7.25. Coral Products shares last traded at GBX 7.59, with a volume of 29 shares trading hands.

Coral Products Trading Down 0.5%

The company has a 50 day moving average of GBX 8.71 and a 200-day moving average of GBX 9.04. The stock has a market cap of £6.74 million, a price-to-earnings ratio of 3.55 and a beta of 0.64. The company has a debt-to-equity ratio of 119.30, a quick ratio of 0.74 and a current ratio of 1.14.

About Coral Products

(Get Free Report)

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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