Cordel Group (LON:CRDL) Announces Quarterly Earnings Results

Cordel Group (LON:CRDL) issued its quarterly earnings data 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 Stock Down 5.8 %

Shares of CRDL traded down GBX 0.45 ($0.01) during trading hours on Friday, reaching GBX 7.30 ($0.09). 1,652,447 shares of the stock traded hands, compared to its average volume of 451,048. Cordel Group has a 52 week low of GBX 3.10 ($0.04) and a 52 week high of GBX 8.25 ($0.10). The company has a current ratio of 2.28, a quick ratio of 1.25 and a debt-to-equity ratio of 0.86. The stock has a fifty day simple moving average of GBX 6.80 and a 200 day simple moving average of GBX 5.94. The company has a market cap of £14.56 million, a price-to-earnings ratio of -7.78 and a beta of 1.18.

Insider Buying and Selling at Cordel Group

In other Cordel Group news, insider John Andrew Davis bought 71,367 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was purchased at an average cost of GBX 7 ($0.09) per share, with a total value of £4,995.69 ($6,170.57). Company insiders own 55.25% of the company’s stock.

About Cordel Group

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