Coats Group plc (OTCMKTS:CGGGF – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $1.11 and traded as high as $1.13. Coats Group shares last traded at $1.13, with a volume of 13,000 shares changing hands.
Coats Group Price Performance
The business has a 50 day simple moving average of $1.07 and a 200 day simple moving average of $1.11.
About Coats Group
Coats Group plc is a United Kingdom-based manufacturer of industrial thread and related textile products. The company supplies sewing threads, yarns, zips, trims and other components used in the production of apparel, footwear, home textiles and a range of industrial goods.
Through its Performance Materials activities, Coats develops engineered threads, fibers and technical textile solutions for markets including automotive, medical, personal protection, composites, outdoor products and electrical applications.
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