Coats Group (LON:COA) Stock Price Breaks Below 200 Day Moving Average – Time to Sell?

Coats Group plc (LON:COA)’s share price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 82.63 and traded as low as GBX 78.60. Coats Group shares last traded at GBX 79.25, with a volume of 4,821,557 shares.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Deutsche Bank reaffirmed a “buy” rating and set a GBX 110 price objective on shares of Coats Group in a report on Wednesday, September 9th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 111 target price on shares of Coats Group in a report on Wednesday, July 29th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 135 price objective on shares of Coats Group in a research note on Wednesday, July 29th. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Coats Group has a consensus rating of “Buy” and an average target price of GBX 120.25.

Coats Group Stock Performance

The firm has a 50-day moving average price of GBX 81.64 and a 200 day moving average price of GBX 82.58. The company has a quick ratio of 1.06, a current ratio of 1.61 and a debt-to-equity ratio of 151.37. The firm has a market capitalization of £1.48 billion, a PE ratio of 14.31, a price-to-earnings-growth ratio of 0.92 and a beta of 1.26.

Coats Group Company Profile

Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries, delivering the essential materials, components, and software solutions that help our customers grow, compete and win. We help the apparel and footwear industry perform at its best through impactful sustainability solutions, insight-led innovation and industry-leading technology platforms. Headquartered in the UK, Coats is a FTSE 250 company and a constituent of the FTSE4Good Index. In 2025, we generated $1.5 billion in revenue and employed 19,000 people worldwide — all united by a spirit of innovation, quality and service.