David Paja Buys 200,000 Shares of Coats Group (LON:COA) Stock

Coats Group plc (LON:COA) insider David Paja purchased 200,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The shares were acquired at an average price of GBX 81 per share, for a total transaction of £162,000.

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

• On Monday, July 21st, David Paja bought 324,675 shares of Coats Group stock. The shares were bought at an average price of GBX 77 per share, for a total transaction of £249,999.75.

Coats Group Price Performance

COA stock opened at GBX 81.70 on Friday. Coats Group plc has a 1 year low of GBX 64.80 and a 1 year high of GBX 104.20. The company has a debt-to-equity ratio of 103.51, a current ratio of 1.20 and a quick ratio of 1.06. The firm has a market capitalization of £1.57 billion, a PE ratio of 1,684.54, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. The business has a 50 day simple moving average of GBX 76.57 and a 200-day simple moving average of GBX 77.21.

Wall Street Analyst Weigh In

A number of analysts have issued reports on COA shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 130 target price on shares of Coats Group in a research note on Wednesday, August 6th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 110 price target on shares of Coats Group in a research report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 120.

Coats Group Company Profile

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.