Coats Group plc (LON:COA) Insider Hannah Nichols Acquires 26,092 Shares

Coats Group plc (LON:COA - Get Free Report) insider Hannah Nichols bought 26,092 shares of Coats Group stock in a transaction on Thursday, May 22nd. The shares were acquired at an average cost of GBX 76 ($1.03) per share, with a total value of £19,829.92 ($26,797.19).

Coats Group Trading Down 1.3%

Shares of LON:COA traded down GBX 1 ($0.01) during trading on Wednesday, reaching GBX 77.20 ($1.04). The company's stock had a trading volume of 1,605,450 shares, compared to its average volume of 5,388,058. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 103.51. The firm's 50 day simple moving average is GBX 75.03 and its two-hundred day simple moving average is GBX 85.93. The stock has a market capitalization of £1.55 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. Coats Group plc has a 12 month low of GBX 64.80 ($0.88) and a 12 month high of GBX 104.20 ($1.41).

Coats Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 1st will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a dividend yield of 2.01%. This is a positive change from Coats Group's previous dividend of $0.01. Coats Group's dividend payout ratio (DPR) is currently 67.23%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a "buy" rating and set a GBX 135 ($1.82) target price on shares of Coats Group in a research note on Thursday, March 6th.

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.