Insider Buying: Coats Group plc (LON:COA) Insider Buys 35,000 Shares of Stock

Coats Group plc (LON:COA - Get Free Report) insider Steve Murray purchased 35,000 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of GBX 95 ($1.21) per share, with a total value of £33,250 ($42,270.53).

Coats Group Stock Down 1.7 %

COA traded down GBX 1.60 ($0.02) during trading on Tuesday, hitting GBX 94 ($1.20). The company had a trading volume of 1,391,210 shares, compared to its average volume of 3,015,380. The company has a market cap of £1.49 billion, a PE ratio of 1,880.00, a P/E/G ratio of 0.92 and a beta of 1.40. The company has a debt-to-equity ratio of 97.61, a current ratio of 1.20 and a quick ratio of 1.06. 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 business has a 50-day moving average of GBX 95.52 and a 200-day moving average of GBX 93.05.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their price objective on shares of 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.

About Coats Group

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.