Coats Group plc (LON:COA - Get Free Report) insider Hannah Nichols acquired 26,092 shares of Coats Group stock in a transaction dated Thursday, May 22nd. The shares were bought at an average price of GBX 76 ($1.02) per share, with a total value of £19,829.92 ($26,617.34).
Coats Group Stock Down 1.2%
Shares of COA stock opened at GBX 75 ($1.01) on Friday. The company has a debt-to-equity ratio of 103.51, a current ratio of 1.20 and a quick ratio of 1.06. Coats Group plc has a one year low of GBX 64.80 ($0.87) and a one year high of GBX 104.20 ($1.40). The stock has a market cap of £1.51 billion, a P/E ratio of 25.21, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. The stock has a fifty day moving average price of GBX 75.42 and a 200 day moving average price of GBX 86.37.
Coats Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 1st will be issued a $0.02 dividend. This represents a yield of 2.01%. The ex-dividend date is Thursday, May 1st. This is a positive change from Coats Group's previous dividend of $0.01. Coats Group's dividend payout ratio (DPR) is 67.23%.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 135 ($1.81) target price on shares of Coats Group in a report on Thursday, March 6th.
Get Our Latest Research Report on Coats Group
About Coats Group
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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.
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