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

Coats Group plc (LON:COA) insider David Paja acquired 150,000 shares of Coats Group stock in a transaction dated Monday, March 10th. The stock was acquired at an average cost of GBX 83 ($1.07) per share, with a total value of £124,500 ($160,935.88).

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

• On Friday, December 13th, David Paja purchased 150,000 shares of Coats Group stock. The stock was bought at an average cost of GBX 95 ($1.23) per share, with a total value of £142,500 ($184,203.72).

Coats Group Stock Performance

Shares of LON:COA traded down GBX 2.30 ($0.03) during trading on Monday, hitting GBX 81.10 ($1.05). 4,624,486 shares of the stock were exchanged, compared to its average volume of 6,961,425. The company’s fifty day simple moving average is GBX 90.92 and its 200-day simple moving average is GBX 94.73. The company has a debt-to-equity ratio of 103.51, a quick ratio of 1.06 and a current ratio of 1.20. The company has a market capitalization of £1.63 billion, a price-to-earnings ratio of 27.26, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. Coats Group plc has a 1-year low of GBX 73.50 ($0.95) and a 1-year high of GBX 104.20 ($1.35).

Analysts Set New Price Targets

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

About Coats Group

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.