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

Coats Group plc (LON:COA - Get Free Report) insider Srinivas Phatak acquired 22,727 shares of the business's stock in a transaction that occurred on Monday, July 21st. The stock was bought at an average cost of GBX 77 ($1.04) per share, for a total transaction of £17,499.79 ($23,638.78).

Coats Group Stock Performance

Coats Group stock traded up GBX 1.50 ($0.02) on Thursday, hitting GBX 76.50 ($1.03). The company's stock had a trading volume of 5,778,906 shares, compared to its average volume of 5,922,607. The firm has a market cap of £1.54 billion, a P/E ratio of 25.71, a price-to-earnings-growth 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 price of GBX 78.07 and a 200-day moving average price of GBX 81.19. Coats Group plc has a one year low of GBX 64.80 ($0.88) and a one year high of GBX 104.20 ($1.41).

Wall Street Analyst Weigh In

COA has been the topic of a number of recent analyst reports. Berenberg Bank reissued a "buy" rating and issued a GBX 125 ($1.69) price objective on shares of Coats Group in a research note on Thursday, July 3rd. Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 110 ($1.49) price objective on shares of Coats Group in a research note on Wednesday, July 16th.

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.