Steve Murray Purchases 35,000 Shares of Coats Group plc (LON:COA) Stock

Coats Group plc (LON:COA) insider Steve Murray bought 35,000 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average price of GBX 95 ($1.19) per share, for a total transaction of £33,250 ($41,802.87).

Coats Group Price Performance

LON:COA opened at GBX 94.10 ($1.18) on Thursday. 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. The firm’s fifty day moving average price is GBX 95.46 and its two-hundred day moving average price is GBX 93.10. 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 debt-to-equity ratio of 97.61, a current ratio of 1.20 and a quick ratio of 1.06.

Analyst Ratings Changes

Separately, Berenberg Bank lifted their price target on Coats Group from GBX 120 ($1.51) to GBX 135 ($1.70) and gave the stock a “buy” rating in a report on Wednesday, September 4th.

About Coats Group

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.