Coats Group (LON:COA) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Coats Group plc (LON:COA) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 83.23 and traded as low as GBX 74.60. Coats Group shares last traded at GBX 76.65, with a volume of 3,461,379 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 125 target price on shares of Coats Group in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 115 price target on shares of Coats Group in a report on Thursday, May 21st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 125 price objective on shares of Coats Group in a research note on Thursday, May 21st. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 135 price objective on shares of Coats Group in a research note on Friday, June 5th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 125.

Coats Group Stock Performance

The stock’s 50-day moving average is GBX 78.82 and its 200-day moving average is GBX 83.23. The stock has a market cap of £1.46 billion, a price-to-earnings ratio of 13.02, a price-to-earnings-growth ratio of 0.92 and a beta of 1.26. The company has a debt-to-equity ratio of 157.67, a current ratio of 1.56 and a quick ratio of 1.06.

About Coats Group

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.