Coats Group (LON:COA) Sets New 52-Week High – Should You Buy?

Coats Group plc (LON:COA) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 98.60 and last traded at GBX 89.40, with a volume of 654231 shares trading hands. The stock had previously closed at GBX 89.90.

Coats Group Stock Performance

The firm’s 50 day simple moving average is GBX 87.31 and its 200 day simple moving average is GBX 83. The firm has a market cap of £1.71 billion, a PE ratio of 18.45, a PEG ratio of 0.92 and a beta of 1.31. The company has a current ratio of 1.56, a quick ratio of 1.06 and a debt-to-equity ratio of 12.93.

Coats Group Company Profile

Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries. We deliver essential materials, components, and software solutions that help our customers grow, compete and win.
With over 250 years of industry expertise, we’re shaping the future of the apparel and footwear supply chain through insight-led innovation, impactful sustainability practices, and digital technologies that unlock better product quality, efficiency and performance.
Headquartered in the UK, Coats is a FTSE 250 company and a constituent of the FTSE4Good Index.