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

Shares of Coats Group plc (LON:COA) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 94.25 ($1.15) and traded as low as GBX 88.77 ($1.08). Coats Group shares last traded at GBX 91.30 ($1.11), with a volume of 3,873,057 shares.

Coats Group Price Performance

The company has a market cap of £1.44 billion, a P/E ratio of 1,808.00, a P/E/G ratio of 0.92 and a beta of 1.40. The company’s 50-day moving average price is GBX 94.62 and its two-hundred day moving average price is GBX 94.25. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 97.61.

Insider Buying and Selling

In other Coats Group news, insider Steve Murray bought 35,000 shares of the stock in a transaction on Monday, December 16th. The stock was purchased at an average price of GBX 95 ($1.16) per share, for a total transaction of £33,250 ($40,598.29). Also, insider David Paja purchased 150,000 shares of Coats Group stock in a transaction dated Friday, December 13th. The stock was acquired at an average price of GBX 95 ($1.16) per share, for a total transaction of £142,500 ($173,992.67). Insiders own 1.65% of the company’s stock.

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.