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 Coats Group stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of GBX 83 ($1.07) per share, for a total transaction of £124,500 ($161,185.91).

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

• On Friday, December 13th, David Paja purchased 150,000 shares of Coats Group stock. The shares were acquired at an average price of GBX 95 ($1.23) per share, for a total transaction of £142,500 ($184,489.90).

Coats Group Price Performance

Coats Group stock opened at GBX 80.10 ($1.04) on Wednesday. The stock has a market capitalization of £1.61 billion, a price-to-earnings ratio of 26.92, a PEG ratio of 0.92 and a beta of 1.40. Coats Group plc has a 52-week low of GBX 73.50 ($0.95) and a 52-week high of GBX 104.20 ($1.35). The stock’s 50 day moving average price is GBX 90.39 and its two-hundred day moving average price is GBX 94.44. The company has a debt-to-equity ratio of 103.51, a quick ratio of 1.06 and a current ratio of 1.20.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 135 ($1.75) price target on shares of Coats Group in a report on Thursday, March 6th.

Coats Group Company Profile

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.