Colefax Group (LON:CFX) Reaches New 12-Month High – Time to Buy?

Shares of Colefax Group PLC (LON:CFX) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 970 and last traded at GBX 970, with a volume of 304 shares trading hands. The stock had previously closed at GBX 950.

Colefax Group Trading Up 2.1%

The company has a quick ratio of 1.25, a current ratio of 1.97 and a debt-to-equity ratio of 73.77. The company has a market capitalization of £50.11 million, a PE ratio of 8.95 and a beta of 0.22. The stock’s fifty day moving average price is GBX 943.30 and its two-hundred day moving average price is GBX 868.42.

Insiders Place Their Bets

In related news, insider Wendy Nicholls sold 10,000 shares of the firm’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of GBX 880, for a total value of £88,000. Also, insider David Green sold 123,231 shares of Colefax Group stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of GBX 880, for a total transaction of £1,084,432.80. Insiders have sold a total of 143,231 shares of company stock valued at $126,043,280 in the last 90 days. 23.62% of the stock is owned by corporate insiders.

Colefax Group Company Profile

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.