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 firm’s stock in a transaction on Friday, March 14th. The stock was purchased at an average cost of GBX 2,750 ($35.77) per share, with a total value of £1,375,000 ($1,788,734.23).

CT Automotive Group Price Performance

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

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.