Coral Products PLC (LON:CRU) Insider Acquires £440 in Stock

Coral Products PLC (LON:CRU) insider Joseph (Joe) Grimmond bought 4,000 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were purchased at an average cost of GBX 11 ($0.14) per share, with a total value of £440 ($559.23).

Joseph (Joe) Grimmond also recently made the following trade(s):

• On Monday, May 13th, Joseph (Joe) Grimmond bought 20,000 shares of Coral Products stock. The shares were purchased at an average cost of GBX 11 ($0.14) per share, with a total value of £2,200 ($2,796.14).

Coral Products Price Performance

Shares of CRU opened at GBX 11.25 ($0.14) on Friday. The company has a 50-day simple moving average of GBX 10.37 and a 200-day simple moving average of GBX 12.49. The firm has a market capitalization of £10.03 million, a P/E ratio of 1,125.00 and a beta of 0.54. The company has a debt-to-equity ratio of 82.77, a quick ratio of 0.74 and a current ratio of 1.39. Coral Products PLC has a 52 week low of GBX 9 ($0.11) and a 52 week high of GBX 18.49 ($0.23).

Coral Products Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 1st were given a dividend of GBX 0.50 ($0.01) per share. This represents a dividend yield of 3.7%. The ex-dividend date of this dividend was Thursday, February 1st. Coral Products’s dividend payout ratio is currently 10,000.00%.

Coral Products Company Profile

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.