Cordel Group (LON:CRDL) Releases Quarterly Earnings Results

Cordel Group (LON:CRDL) issued its quarterly 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 net margin of 11.27% and a negative return on equity of 18.66%.

Cordel Group Trading Down 3.2 %

Shares of CRDL traded down GBX 0.25 ($0.00) during midday trading on Friday, reaching GBX 7.50 ($0.09). The company had a trading volume of 3,527,447 shares, compared to its average volume of 561,342. The firm has a 50 day simple moving average of GBX 6.80 and a 200-day simple moving average of GBX 5.94. The stock has a market cap of £14.96 million, a PE ratio of -7.78 and a beta of 1.18. The company has a quick ratio of 1.25, a current ratio of 2.28 and a debt-to-equity ratio of 0.86. Cordel Group has a 1-year low of GBX 3.10 ($0.04) and a 1-year high of GBX 8.25 ($0.10).

Insider Activity at Cordel Group

In related news, insider John Andrew Davis acquired 71,367 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The shares were purchased at an average cost of GBX 7 ($0.09) per share, for a total transaction of £4,995.69 ($6,170.57). 55.25% of the stock is currently owned by insiders.

Cordel Group Company Profile

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