CT Automotive Group plc (LON:CTA – Get Free Report) shares were down 1% on Tuesday . The stock traded as low as GBX 35.15 and last traded at GBX 35.15. 106,407 shares were traded during trading, a decline of 71% from the average daily volume of 362,326 shares. The stock had previously closed at GBX 35.50.
CT Automotive Group Trading Down 1.0%
The company has a market cap of £25.87 million, a P/E ratio of 3.22 and a beta of 0.67. The stock’s 50-day moving average is GBX 38.38 and its two-hundred day moving average is GBX 30.92. The company has a debt-to-equity ratio of 53.78, a current ratio of 1.33 and a quick ratio of 0.44.
Insiders Place Their Bets
In related news, insider Geraint Davies bought 30,000 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was acquired at an average cost of GBX 31 per share, for a total transaction of £9,300. Also, insider Gary McGrath purchased 54,945 shares of the 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. 32.19% of the stock is currently owned by 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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