Cordel Group (LON:CRDL) Issues Earnings Results

Cordel Group (LON:CRDL) issued its earnings results on Wednesday. The company reported GBX (0.12) ($0.00) earnings per share for the quarter, Digital Look Earnings reports. Cordel Group had a negative return on equity of 18.66% and a negative net margin of 11.27%.

Cordel Group Price Performance

Shares of CRDL stock traded down GBX 0.45 ($0.01) during mid-day trading on Friday, hitting GBX 7.30 ($0.09). 1,652,447 shares of the stock traded hands, compared to its average volume of 451,048. Cordel Group has a twelve month low of GBX 3.10 ($0.04) and a twelve month high of GBX 8.25 ($0.10). The firm has a market cap of £14.56 million, a price-to-earnings ratio of -7.78 and a beta of 1.18. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.25 and a current ratio of 2.28. The company’s 50-day simple moving average is GBX 6.80 and its 200-day simple moving average is GBX 5.94.

Insider Buying and Selling at Cordel Group

In other news, insider John Andrew Davis acquired 71,367 shares of Cordel Group stock in a transaction that occurred on Wednesday, November 13th. The shares were acquired at an average price of GBX 7 ($0.09) per share, with a total value of £4,995.69 ($6,170.57). Corporate insiders own 55.25% of the company’s stock.

About Cordel Group

Cordel produces specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.

Further information on the Company is available at: www.cordel.ai