Coats Group (LON:COA) Reaches New 12-Month High at $89.45

Coats Group plc (LON:COA - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as GBX 89.45 ($1.14) and last traded at GBX 88.80 ($1.13), with a volume of 3334570 shares. The stock had previously closed at GBX 88.70 ($1.13).

Coats Group Price Performance

The stock has a market cap of £1.38 billion, a price-to-earnings ratio of 2,177.50, a price-to-earnings-growth ratio of 0.92 and a beta of 1.38. The stock's 50 day moving average price is GBX 81.45 and its two-hundred day moving average price is GBX 74.99. The company has a quick ratio of 1.06, a current ratio of 1.16 and a debt-to-equity ratio of 102.36.

Coats Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, May 2nd will be paid a $0.02 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 2.27%. This is a positive change from Coats Group's previous dividend of $0.01. Coats Group's dividend payout ratio is presently 5,000.00%.

Coats Group Company Profile

Coats Group plc, together with its subsidiaries, manufactures and supplies industrial sewing threads worldwide. The company provides threads, yarns, zips, trims, composites, and fabrics for use in apparel, such as children's wear, denims, intimate and underwear, ladieswear, leather wear, menswear, sports and activewear, and workwear & uniforms; handbags, luggage, bags, and fashion accessories; dress and casual, protective, and sports footwear; home textiles, mattress and beddings, outdoor goods, and sporting goods; cut protection, fire services, healthcare PPE, industrial thermal, and military purposes; automotive, marine, and tyre cord applications; telecoms and energy cables; and tea bags, and medical and filtration purpose.