Coats Group plc (LON:COA) Insider Acquires £124,500 in Stock

Coats Group plc (LON:COA) insider David Paja acquired 150,000 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of GBX 83 ($1.08) per share, for a total transaction of £124,500 ($161,457.66).

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

• On Friday, December 13th, David Paja bought 150,000 shares of Coats Group stock. The shares were bought at an average price of GBX 95 ($1.23) per share, with a total value of £142,500 ($184,800.93).

Coats Group Price Performance

COA opened at GBX 83.10 ($1.08) on Thursday. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 103.51. The stock has a market capitalization of £1.67 billion, a P/E ratio of 27.93, a PEG ratio of 0.92 and a beta of 1.40. The stock has a 50-day moving average price of GBX 90.17 and a 200-day moving average price of GBX 94.32. Coats Group plc has a 12-month low of GBX 73.50 ($0.95) and a 12-month high of GBX 104.20 ($1.35).

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 135 ($1.75) price objective 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.