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

Coats Group plc (LON:COA) insider David Paja acquired 150,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average price of GBX 95 ($1.21) per share, for a total transaction of £142,500 ($180,791.68).

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

• On Wednesday, October 9th, David Paja bought 150,000 shares of Coats Group stock. The shares were bought at an average price of GBX 97 ($1.23) per share, with a total value of £145,500 ($184,597.82).

Coats Group Price Performance

COA opened at GBX 95.60 ($1.21) on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 97.61. The stock has a market capitalization of £1.52 billion, a P/E ratio of 1,912.00, a PEG ratio of 0.92 and a beta of 1.40. The stock has a 50-day moving average price of GBX 95.57 and a 200-day moving average price of GBX 92.99. Coats Group plc has a 12-month low of GBX 66.40 ($0.84) and a 12-month high of GBX 104.20 ($1.32).

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised their price objective on shares of Coats Group from GBX 120 ($1.52) to GBX 135 ($1.71) 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.