Coats Group plc (LON:COA - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 75.53 ($1.02) and traded as high as GBX 78.60 ($1.06). Coats Group shares last traded at GBX 76.57 ($1.03), with a volume of 5,686,445 shares changing hands.
Analyst Ratings Changes
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 135 ($1.82) price objective on shares of Coats Group in a report on Thursday, March 6th.
Check Out Our Latest Stock Analysis on COA
Coats Group Price Performance
The company has a market cap of £1.55 billion, a P/E ratio of 25.92, a PEG ratio of 0.92 and a beta of 1.40. The company has a fifty day moving average price of GBX 75.69 and a two-hundred day moving average price of GBX 83.63. The company has a debt-to-equity ratio of 103.51, a quick ratio of 1.06 and a current ratio of 1.20.
Insider Activity at Coats Group
In other news, insider David Gosnell bought 148,600 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was acquired at an average cost of GBX 68 ($0.91) per share, for a total transaction of £101,048 ($135,890.26). Also, insider Hannah Nichols bought 26,092 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was purchased at an average price of GBX 76 ($1.02) per share, with a total value of £19,829.92 ($26,667.46). In the last ninety days, insiders bought 324,692 shares of company stock worth $23,337,792. 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.
Further Reading
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