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

CT Automotive Group plc (LON:CTA) insider Geraint Davies bought 50,000 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were purchased at an average price of GBX 2,750 ($35.72) per share, with a total value of £1,375,000 ($1,785,946.23).

CT Automotive Group Price Performance

Shares of CTA stock opened at GBX 27 ($0.35) on Tuesday. The firm’s 50 day moving average price is GBX 31.83 and its two-hundred day moving average price is GBX 43.49. The company has a debt-to-equity ratio of 131.01, a quick ratio of 0.44 and a current ratio of 1.07. 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 stock has a market cap of £24.87 million, a PE ratio of 2.63 and a beta of 0.11.

CT Automotive Group Company Profile

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.