Shares of CT Automotive Group plc (LON:CTA – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 49 and last traded at GBX 48, with a volume of 242713 shares. The stock had previously closed at GBX 45.11.
CT Automotive Group Stock Performance
The company’s 50-day moving average price is GBX 36.22 and its two-hundred day moving average price is GBX 29.27. The stock has a market cap of £38.34 million, a PE ratio of 4.78 and a beta of 0.56. The company has a debt-to-equity ratio of 53.78, a quick ratio of 0.44 and a current ratio of 1.33.
Insider Transactions at CT Automotive Group
In other news, insider Gary McGrath acquired 54,945 shares of CT Automotive Group stock in a transaction dated Tuesday, July 7th. The shares were purchased at an average cost of GBX 36 per share, for a total transaction of £19,780.20. Also, insider Geraint Davies bought 30,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was purchased at an average price of GBX 31 per share, with a total value of £9,300. 32.11% of the stock is currently owned by corporate insiders.
About CT Automotive Group
CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example dashboard panels and fascia finishes) and kinematic assemblies (for example air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling.
CT Automotive’s operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors. This has helped the Company build a high-quality roster of world leading OEM end customers, both directly and via global Tier One suppliers including Faurecia and Marelli.
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