David Paja Acquires 150,000 Shares of Coats Group plc (LON:COA) Stock

Coats Group plc (LON:COA) insider David Paja bought 150,000 shares of the business’s stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of GBX 95 ($1.21) per share, for a total transaction of £142,500 ($181,159.42).

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

• On Wednesday, October 9th, David Paja purchased 150,000 shares of Coats Group stock. The shares were bought at an average price of GBX 97 ($1.23) per share, for a total transaction of £145,500 ($184,973.30).

Coats Group Stock Down 1.7 %

COA stock opened at GBX 94 ($1.20) on Wednesday. The stock has a market cap of £1.49 billion, a PE ratio of 1,880.00, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. The firm’s 50-day simple moving average is GBX 95.52 and its 200 day simple moving average is GBX 93.05. Coats Group plc has a fifty-two week low of GBX 66.40 ($0.84) and a fifty-two week high of GBX 104.20 ($1.32). The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 97.61.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price objective on 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.

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.