Coats Group plc (LON:COA) Insider Buys £249,999.75 in Stock

Coats Group plc (LON:COA) insider David Paja acquired 324,675 shares of the company’s stock in a transaction dated Monday, July 21st. The stock was acquired at an average price of GBX 77 ($1.04) per share, for a total transaction of £249,999.75 ($337,017.73).

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

• On Wednesday, June 4th, David Paja bought 150,000 shares of Coats Group stock. The shares were purchased at an average cost of GBX 75 ($1.01) per share, for a total transaction of £112,500 ($151,658.13).

Coats Group Stock Up 0.3%

Shares of COA opened at GBX 73 ($0.98) on Tuesday. The firm’s 50 day moving average is GBX 78.30 and its 200-day moving average is GBX 81.43. The stock has a market capitalization of £1.47 billion, a PE ratio of 24.54, a P/E/G ratio of 0.92 and a beta of 1.40. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 103.51. Coats Group plc has a 12 month low of GBX 64.80 ($0.87) and a 12 month high of GBX 104.20 ($1.40).

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 110 ($1.48) target price on shares of Coats Group in a report on Wednesday, July 16th. Berenberg Bank reissued a “buy” rating and issued a GBX 125 ($1.69) target price on shares of Coats Group in a report on Thursday, July 3rd.

About Coats Group

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.