Coats Group plc (LON:COA) Insider Buys £99,999.90 in Stock

Coats Group plc (LON:COA - Get Free Report) insider Hannah Nichols bought 129,870 shares of the business's stock in a transaction dated Monday, July 21st. The shares were bought at an average cost of GBX 77 ($1.03) per share, with a total value of £99,999.90 ($134,138.03).

Hannah Nichols also recently made the following trade(s):

• On Thursday, May 22nd, Hannah Nichols acquired 26,092 shares of Coats Group stock. The shares were acquired at an average cost of GBX 76 ($1.02) per share, with a total value of £19,829.92 ($26,599.49).

Coats Group Stock Up 0.3%

COA traded up GBX 0.20 ($0.00) during trading hours on Monday, hitting GBX 73 ($0.98). 53,025,176 shares of the company's stock were exchanged, compared to its average volume of 5,769,359. Coats Group plc has a 12-month low of GBX 64.80 ($0.87) and a 12-month high of GBX 104.20 ($1.40). The firm has a 50 day moving average of GBX 78.30 and a 200 day moving average of GBX 81.43. The firm has a market cap of £1.47 billion, a P/E ratio of 24.54, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 103.51.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Berenberg Bank reiterated a "buy" rating and issued a GBX 125 ($1.68) target price on shares of Coats Group in a report on Thursday, July 3rd. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 110 ($1.48) target price on shares of Coats Group in a report on Wednesday, July 16th.

About Coats Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.