Coats Group plc (LON:COA - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 75.53 ($1.01) and traded as high as GBX 78.60 ($1.05). Coats Group shares last traded at GBX 76.57 ($1.03), with a volume of 5,686,445 shares traded.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 135 ($1.81) price target on shares of Coats Group in a research report on Thursday, March 6th.
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Coats Group Stock Up 0.8%
The stock's 50-day moving average price is GBX 75.53 and its 200-day moving average price is GBX 83.97. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 103.51. The stock has a market cap of £1.55 billion, a price-to-earnings ratio of 25.95, a P/E/G ratio of 0.92 and a beta of 1.40.
Insider Activity at Coats Group
In related news, insider David Gosnell bought 148,600 shares of the company's stock in a transaction that occurred on Friday, April 4th. The shares were bought at an average price of GBX 68 ($0.91) per share, for a total transaction of £101,048 ($135,598.50). Also, insider Hannah Nichols bought 26,092 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The shares were bought at an average cost of GBX 76 ($1.02) per share, for a total transaction of £19,829.92 ($26,610.20). Insiders have bought a total of 324,692 shares of company stock worth $23,337,792 over the last quarter. Company insiders own 1.65% of the company's stock.
Coats Group Company Profile
(
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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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