Insider Buying: Coats Group plc (LON:COA) Insider Purchases 150,000 Shares of Stock

Coats Group plc (LON:COA - Get Free Report) insider David Paja acquired 150,000 shares of the company's stock in a transaction on Friday, December 13th. The shares were bought at an average price of GBX 95 ($1.20) per share, with a total value of £142,500 ($179,924.24).

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

• On Wednesday, October 9th, David Paja acquired 150,000 shares of Coats Group stock. The stock was bought at an average price of GBX 97 ($1.22) per share, with a total value of £145,500 ($183,712.12).

Coats Group Trading Up 0.9 %

LON COA traded up GBX 0.88 ($0.01) on Monday, reaching GBX 95.60 ($1.21). The company had a trading volume of 3,696,034 shares, compared to its average volume of 3,023,281. Coats Group plc has a 52 week low of GBX 66.40 ($0.84) and a 52 week high of GBX 104.20 ($1.32). The stock's 50 day moving average is GBX 95.59 and its 200-day moving average is GBX 92.93. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 97.61. The stock has a market cap of £1.52 billion, a price-to-earnings ratio of 1,886.54, a PEG ratio of 0.92 and a beta of 1.40.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their price target on Coats Group from GBX 120 ($1.52) to GBX 135 ($1.70) and gave the company a "buy" rating in a research note on Wednesday, September 4th.

Coats Group Company Profile

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.