Coral Products (LON:CRU) Stock Price Up 1.7% – Should You Buy?

Coral Products PLC (LON:CRU) shares were up 1.7% during mid-day trading on Thursday . The company traded as high as GBX 7.53 ($0.09) and last traded at GBX 7.53 ($0.09). Approximately 101,010 shares traded hands during trading, a decline of 34% from the average daily volume of 153,322 shares. The stock had previously closed at GBX 7.40 ($0.09).

Coral Products Stock Performance

The business’s fifty day moving average price is GBX 7.71 and its 200-day moving average price is GBX 10.85. The company has a debt-to-equity ratio of 93.25, a current ratio of 1.19 and a quick ratio of 0.74. The stock has a market capitalization of £6.70 million, a PE ratio of -752.50 and a beta of 0.64.

Coral Products Announces Dividend

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

About Coral Products

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.