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Coats Group (LON:COA) Stock Crosses Below 200 Day Moving Average - Here's Why

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Coats Group plc (LON:COA - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 95.23 ($1.22) and traded as low as GBX 87.10 ($1.11). Coats Group shares last traded at GBX 87.30 ($1.12), with a volume of 4,636,827 shares traded.

Coats Group Trading Up 0.9 %

The business's 50 day simple moving average is GBX 91.47 and its 200 day simple moving average is GBX 95.04. The stock has a market cap of £1.74 billion, a price-to-earnings ratio of 29.14, a PEG ratio of 0.92 and a beta of 1.40. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 103.51.

Insider Activity

In related news, insider Steve Murray acquired 35,000 shares of Coats Group stock in a transaction on Monday, December 16th. The stock was purchased at an average cost of GBX 95 ($1.22) per share, with a total value of £33,250 ($42,535.50). Also, insider David Paja acquired 150,000 shares of the firm's stock in a transaction on Friday, December 13th. The stock was bought at an average price of GBX 95 ($1.22) per share, for a total transaction of £142,500 ($182,295.00). 1.65% of the stock is owned by insiders.

About Coats Group

(Get Free Report)

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.

Further Reading

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