Coats Group plc (LON:COA - Get Free Report) insider Steve Murray acquired 35,000 shares of the business's stock in a transaction dated Monday, December 16th. The stock was purchased at an average cost of GBX 95 ($1.21) per share, for a total transaction of £33,250 ($42,270.53).
Coats Group Trading Down 1.7 %
Shares of Coats Group stock opened at GBX 94 ($1.20) on Wednesday. The stock has a market cap of £1.49 billion, a PE ratio of 1,880.00, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. The firm has a fifty day moving average price of GBX 95.52 and a 200 day moving average price of GBX 93.05. Coats Group plc has a 1 year low of GBX 66.40 ($0.84) and a 1 year high of GBX 104.20 ($1.32). The company has a debt-to-equity ratio of 97.61, a current ratio of 1.20 and a quick ratio of 1.06.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank upped their target price on Coats Group from GBX 120 ($1.53) to GBX 135 ($1.72) and gave the company a "buy" rating in a research report on Wednesday, September 4th.
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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.
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