Coral Products (LON:CRU) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Coral Products PLC (LON:CRUGet Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 7.05 ($0.09) and traded as low as GBX 6.75 ($0.08). Coral Products shares last traded at GBX 7 ($0.09), with a volume of 2,483 shares.

Coral Products Stock Performance

The company has a current ratio of 1.19, a quick ratio of 0.74 and a debt-to-equity ratio of 93.25. The stock’s 50 day moving average price is GBX 7.05 and its 200 day moving average price is GBX 10.23. The company has a market capitalization of £6.23 million, a price-to-earnings ratio of -700.00 and a beta of 0.64.

Coral Products Dividend Announcement

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

Coral Products Company Profile

(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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