Coats Group plc (LON:COA) Insider David Paja Acquires 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 Monday, March 10th. The stock was acquired at an average price of GBX 83 ($1.07) per share, for a total transaction of £124,500 ($160,293.55).

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 acquired at an average price of GBX 95 ($1.22) per share, for a total transaction of £142,500 ($183,468.52).

Coats Group Stock Performance

Shares of COA opened at GBX 81.10 ($1.04) on Tuesday. Coats Group plc has a 1 year low of GBX 73.50 ($0.95) and a 1 year high of GBX 104.20 ($1.34). The company’s 50 day simple moving average is GBX 90.68 and its 200 day simple moving average is GBX 94.59. The company has a market capitalization of £1.63 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 0.92 and a beta of 1.40. 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 reaffirmed a “buy” rating and set a GBX 135 ($1.74) price objective on shares of Coats Group in a research note on Thursday, March 6th.

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.