Coats Group plc (LON:COA) Insider Acquires £142,500 in Stock

Coats Group plc (LON:COA) insider David Paja bought 150,000 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average cost of GBX 95 ($1.19) per share, with a total value of £142,500 ($179,155.14).

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 acquired at an average price of GBX 97 ($1.22) per share, with a total value of £145,500 ($182,926.83).

Coats Group Stock Up 0.1 %

Shares of COA opened at GBX 94.10 ($1.18) on Thursday. The firm has a 50 day simple moving average of GBX 95.46 and a two-hundred day simple moving average of GBX 93.10. 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 one year low of GBX 66.40 ($0.83) and a one year high of GBX 104.20 ($1.31). The company has a market cap of £1.50 billion, a P/E ratio of 1,882.00, a P/E/G ratio of 0.92 and a beta of 1.40.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lifted their price objective on Coats Group from GBX 120 ($1.51) to GBX 135 ($1.70) and gave the company a “buy” rating in a report 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.