Coats Group plc (LON:COA) Insider David Paja Purchases 150,000 Shares

Coats Group plc (LON:COA - Get Free Report) insider David Paja bought 150,000 shares of the business's stock in a transaction on Monday, March 10th. The stock was bought at an average cost of GBX 83 ($1.07) per share, with a total value of £124,500 ($161,039.97).

David Paja also recently made the following trade(s):

• On Friday, December 13th, David Paja bought 150,000 shares of Coats Group stock. The stock was bought at an average cost of GBX 95 ($1.23) per share, with a total value of £142,500 ($184,322.86).

Coats Group Stock Performance

Shares of COA stock traded up GBX 1.70 ($0.02) during mid-day trading on Friday, reaching GBX 82.70 ($1.07). 1,408,464 shares of the company's stock traded hands, compared to its average volume of 6,703,817. Coats Group plc has a 12 month low of GBX 76.50 ($0.99) and a 12 month high of GBX 104.20 ($1.35). The firm has a 50 day moving average price of GBX 89.91 and a two-hundred day moving average price of GBX 94.19. The company has a debt-to-equity ratio of 103.51, a quick ratio of 1.06 and a current ratio of 1.20. The firm has a market capitalization of £1.66 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 135 ($1.75) target price on shares of Coats Group in a research report on Thursday, March 6th.

About Coats Group

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.