Geraint Davies Buys 50,000 Shares of CT Automotive Group plc (LON:CTA) Stock

CT Automotive Group plc (LON:CTA) insider Geraint Davies acquired 50,000 shares of the business’s stock in a transaction on Friday, March 14th. The stock was acquired at an average price of GBX 2,750 ($35.77) per share, for a total transaction of £1,375,000 ($1,788,734.23).

CT Automotive Group Price Performance

CTA stock opened at GBX 26.40 ($0.34) on Thursday. The company has a debt-to-equity ratio of 131.01, a quick ratio of 0.44 and a current ratio of 1.07. The firm has a 50 day moving average price of GBX 31.26 and a 200-day moving average price of GBX 43.07. CT Automotive Group plc has a 52-week low of GBX 26 ($0.34) and a 52-week high of GBX 72 ($0.94). The firm has a market capitalization of £24.31 million, a price-to-earnings ratio of 2.57 and a beta of 0.11.

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.