Cordel Group (LON:CRDL) Issues Quarterly Earnings Results

Cordel Group (LON:CRDL) announced its earnings results on Wednesday. The company reported GBX (0.12) ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Cordel Group had a negative return on equity of 18.66% and a negative net margin of 11.27%.

Cordel Group Trading Down 5.8 %

Shares of LON CRDL traded down GBX 0.45 ($0.01) during trading on Friday, hitting GBX 7.30 ($0.09). 1,927,447 shares of the company were exchanged, compared to its average volume of 467,224. Cordel Group has a 12-month low of GBX 3.10 ($0.04) and a 12-month high of GBX 8.25 ($0.10). The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.25 and a current ratio of 2.28. The company has a fifty day moving average price of GBX 6.80 and a 200-day moving average price of GBX 5.94. The firm has a market capitalization of £14.56 million, a PE ratio of -7.78 and a beta of 1.18.

Insider Transactions at Cordel Group

In related news, insider John Andrew Davis acquired 71,367 shares of Cordel Group stock in a transaction that occurred on 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). Insiders own 55.25% of the company’s stock.

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