|Coats Group PLC
||EPS - Basic
||Market Cap (m)
|Nonequity Investment Instruments
|Coats Group Daily Update: Coats Group PLC is listed in the Nonequity Investment Instruments sector of the London Stock Exchange with ticker COA. The last closing price for Coats Group was 37.50p.|
Coats Group PLC has a 4 week average price of 35.22p and a 12 week average price of 31.92p.
The 1 year high share price is 39p while the 1 year low share price is currently 21.25p.
There are currently 1,407,612,282 shares in issue and the average daily traded volume is 922,452 shares. The market capitalisation of Coats Group PLC is £527,854,605.75.
|philanderer: Walker and Surplice warm to Coats
Citywire AAA-rated pan-European equity managers Martin Walker and John Surplice have upped their stake in yarn and textiles manufacturer Coats (COA) as its shares hover near the bottom of a recent trading range.
The managers increased their holding to 11% of the business worth £42.5 million at a share price of 27.5p, down 17.7% over the last 12 months.
The shares are held in their Invesco Pan European Focus Equity fund, run alongside AAA-rated Erik Esselink and AA-rated Jonathan Brown.
Peel Hunt upped its guidance on the business last month from a ‘hold’ to a ‘buy’, on a price target of 41p.
The company reported a substantial increase in operating profit last year, rising from £41 million to £64 million over the 12 months, but has struggled with a persistent pension deficit.
Following two years of wrangling with regulators, the company was told to increase its contributions at the end of 2014, as it attempts to fix a £148 million hole.
Coats Group share price data is direct from the London Stock Exchange