Coral Products (LON:CRU) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Shares of Coral Products PLC (LON:CRUGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 7.11 ($0.09) and traded as low as GBX 6.33 ($0.08). Coral Products shares last traded at GBX 6.36 ($0.08), with a volume of 66,104 shares trading hands.

Coral Products Stock Down 2.2 %

The stock has a 50-day moving average price of GBX 7.11 and a 200-day moving average price of GBX 9.19. 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 company has a market capitalization of £5.66 million, a P/E ratio of -635.50 and a beta of 0.64.

About Coral Products

(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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