Shares of Coats Group plc (LON:COA - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 77.81 ($1.05) and traded as high as GBX 83.50 ($1.13). Coats Group shares last traded at GBX 83.50 ($1.13), with a volume of 1,884,199 shares.
Analysts Set New Price Targets
Several research analysts have recently weighed in on COA shares. Berenberg Bank restated a "buy" rating and set a GBX 130 target price on shares of Coats Group in a report on Wednesday, August 6th. Royal Bank Of Canada restated an "outperform" rating and set a GBX 110 target price on shares of Coats Group in a report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of GBX 120.
Get Our Latest Report on COA
Coats Group Trading Up 1.1%
The firm has a market capitalization of £1.60 billion, a price-to-earnings ratio of 1,721.65, a PEG ratio of 0.92 and a beta of 1.40. The company has a fifty day moving average price of GBX 77.81 and a two-hundred day moving average price of GBX 76.99. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 103.51.
Insider Transactions at Coats Group
In other Coats Group news, insider David Paja acquired 324,675 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The shares were purchased at an average cost of GBX 77 per share, for a total transaction of £249,999.75. Also, insider Wu Gang acquired 58,441 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The stock was acquired at an average price of GBX 77 per share, for a total transaction of £44,999.57. Insiders acquired a total of 962,985 shares of company stock valued at $74,949,845 in the last ninety days. 3.81% of the stock is currently owned by corporate insiders.
About Coats Group
(
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Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.
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