Coats Group (LON:COA) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Coats Group plc (LON:COA) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 94.25 ($1.16) and traded as low as GBX 88.77 ($1.09). Coats Group shares last traded at GBX 91.30 ($1.12), with a volume of 3,873,057 shares traded.

Coats Group Stock Down 0.1 %

The company has a debt-to-equity ratio of 97.61, a current ratio of 1.20 and a quick ratio of 1.06. The company has a market cap of £1.45 billion, a price-to-earnings ratio of 1,830.00, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. The firm’s 50-day moving average price is GBX 94.62 and its 200-day moving average price is GBX 94.25.

Insider Activity at Coats Group

In other news, insider David Paja acquired 150,000 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were bought at an average price of GBX 95 ($1.17) per share, for a total transaction of £142,500 ($175,341.45). Also, insider Steve Murray bought 35,000 shares of Coats Group stock in a transaction dated Monday, December 16th. The shares were purchased at an average cost of GBX 95 ($1.17) per share, for a total transaction of £33,250 ($40,913.01). 1.65% of the stock is owned by insiders.

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.