Coats Group (LON:COA) Shares Cross Below Fifty Day Moving Average – Here’s Why

Coats Group plc (LON:COA)’s share price passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of GBX 80.44 and traded as low as GBX 78.25. Coats Group shares last traded at GBX 80.75, with a volume of 102,046,422 shares.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 110 price objective on shares of Coats Group in a report on Wednesday, September 9th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 135 price target on shares of Coats Group in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 111 price objective on shares of Coats Group in a research report on Wednesday, July 29th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 121.20.

Coats Group Stock Performance

The stock’s 50 day simple moving average is GBX 80.53 and its two-hundred day simple moving average is GBX 81.08. The company has a market capitalization of £1.55 billion, a P/E ratio of 15.06, a P/E/G ratio of 0.92 and a beta of 1.26. The company has a debt-to-equity ratio of 151.37, a current ratio of 1.61 and a quick ratio of 1.06.

About Coats Group

Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries, delivering the essential materials, components, and software solutions that help our customers grow, compete and win.

We help the apparel and footwear industry perform at its best through impactful sustainability solutions, insight-led innovation and industry-leading technology platforms.

Headquartered in the UK, Coats is a FTSE 250 company and a constituent of the FTSE4Good Index. In 2025, we generated $1.5 billion in revenue and employed 19,000 people worldwide — all united by a spirit of innovation, quality and service.