Coats Group plc (LON:COA) Insider Purchases £17,499.79 in Stock

Coats Group plc (LON:COA - Get Free Report) insider Srinivas Phatak bought 22,727 shares of the business's stock in a transaction dated Monday, July 21st. The shares were acquired at an average cost of GBX 77 ($1.04) per share, with a total value of £17,499.79 ($23,657.96).

Coats Group Stock Up 1.4%

Shares of COA traded up GBX 1 ($0.01) during trading on Wednesday, reaching GBX 75 ($1.01). The company's stock had a trading volume of 13,465,630 shares, compared to its average volume of 5,814,572. The company has a market cap of £1.51 billion, a price-to-earnings ratio of 25.21, a P/E/G ratio of 0.92 and a beta of 1.40. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 103.51. The company has a fifty day moving average of GBX 78.15 and a two-hundred day moving average of GBX 81.23. Coats Group plc has a twelve month low of GBX 64.80 ($0.88) and a twelve month high of GBX 104.20 ($1.41).

Analyst Ratings Changes

Several research analysts have recently issued reports on COA shares. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 110 ($1.49) price target on shares of Coats Group in a research note on Wednesday, July 16th. Berenberg Bank restated a "buy" rating and set a GBX 125 ($1.69) price objective on shares of Coats Group in a research report on Thursday, July 3rd.

Coats Group Company Profile

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.