Insider Buying: Coats Group plc (LON:COA) Insider Acquires 150,000 Shares of Stock

Coats Group plc (LON:COA - Get Free Report) insider David Paja acquired 150,000 shares of the stock in a transaction dated Wednesday, June 4th. The stock was acquired at an average cost of GBX 75 ($1.02) per share, with a total value of £112,500 ($152,770.23).

David Paja also recently made the following trade(s):

• On Monday, March 10th, David Paja acquired 150,000 shares of Coats Group stock. The stock was acquired at an average cost of GBX 83 ($1.13) per share, with a total value of £124,500 ($169,065.73).

Coats Group Stock Up 1.4%

Shares of COA traded up GBX 1.10 ($0.01) during trading hours on Thursday, hitting GBX 77.70 ($1.06). The stock had a trading volume of 4,083,360 shares, compared to its average volume of 5,270,279. The company has a debt-to-equity ratio of 103.51, a current ratio of 1.20 and a quick ratio of 1.06. The firm has a 50 day simple moving average of GBX 74.33 and a 200-day simple moving average of GBX 85.12. The firm has a market capitalization of £1.56 billion, a P/E ratio of 26.12, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. Coats Group plc has a 1-year low of GBX 64.80 ($0.88) and a 1-year high of GBX 104.20 ($1.41).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 135 ($1.83) price objective on shares of Coats Group in a research report on Thursday, March 6th.

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.