Coral Products (LON:CRU) Share Price Crosses Below 50-Day Moving Average of $11.50

Shares of Coral Products PLC (LON:CRU) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 11.50 ($0.14) and traded as low as GBX 9.70 ($0.12). Coral Products shares last traded at GBX 9.85 ($0.12), with a volume of 29,124 shares trading hands.

Coral Products Stock Performance

The company has a current ratio of 1.39, a quick ratio of 0.74 and a debt-to-equity ratio of 82.77. The business has a 50 day moving average of GBX 11.39 and a 200-day moving average of GBX 13.25. The stock has a market cap of £8.78 million, a PE ratio of 972.00 and a beta of 0.57.

Coral Products Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 1st were paid 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 presently 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.