Coats Group (LON:COA) Shares Cross Below 200 Day Moving Average - Should You Sell?

Shares of Coats Group plc (LON:COA - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 95.53 ($1.18) and traded as low as GBX 90.40 ($1.12). Coats Group shares last traded at GBX 91.38 ($1.13), with a volume of 1,586,080 shares trading hands.

Coats Group Stock Performance

The stock has a market cap of £1.44 billion, a price-to-earnings ratio of 1,812.00, a P/E/G ratio of 0.92 and a beta of 1.40. The company's fifty day simple moving average is GBX 93.59 and its two-hundred day simple moving average is GBX 95.55. The company has a debt-to-equity ratio of 97.61, a current ratio of 1.20 and a quick ratio of 1.06.

Insider Activity at Coats Group

In related news, insider Steve Murray purchased 35,000 shares of Coats Group stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of GBX 95 ($1.18) per share, for a total transaction of £33,250 ($41,242.87). Also, insider David Paja bought 150,000 shares of the company's stock in a transaction on Friday, December 13th. The stock was bought at an average price of GBX 95 ($1.18) per share, for a total transaction of £142,500 ($176,755.15). 1.65% of the stock is owned by insiders.

Coats Group Company Profile

About Coats Group plc 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.