Cordel Group (LON:CRDL) Announces Quarterly Earnings Results

Cordel Group (LON:CRDL) released its quarterly earnings results 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 return on equity of 18.66% and a negative net margin of 11.27%.

Cordel Group Trading Up 2.1 %

Shares of CRDL stock opened at GBX 8.04 ($0.10) on Wednesday. The company has a market capitalization of £16.04 million, a price-to-earnings ratio of -7.78 and a beta of 1.18. 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 firm has a 50-day moving average price of GBX 6.77 and a 200 day moving average price of GBX 5.90. Cordel Group has a twelve month low of GBX 3.10 ($0.04) and a twelve month high of GBX 8.25 ($0.10).

Insiders Place Their Bets

In other Cordel Group news, insider John Andrew Davis bought 71,367 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The stock was purchased at an average cost of GBX 7 ($0.09) per share, for a total transaction of £4,995.69 ($6,159.15). 55.25% of the stock is owned by corporate insiders.

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