Colefax Group (LON:CFX) Sets New 52-Week High – Here’s Why

Colefax Group PLC (LON:CFX)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 970 and last traded at GBX 970, with a volume of 1610 shares. The stock had previously closed at GBX 945.

Colefax Group Stock Performance

The company has a current ratio of 1.97, a quick ratio of 1.25 and a debt-to-equity ratio of 73.77. The company’s 50-day moving average is GBX 926.03 and its two-hundred day moving average is GBX 856.89. The stock has a market capitalization of £50.11 million, a P/E ratio of 8.95 and a beta of 0.22.

Insiders Place Their Bets

In other news, insider Key Hall sold 5,000 shares of the stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of GBX 880, for a total value of £44,000. Also, insider Wendy Nicholls sold 10,000 shares of Colefax Group stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of GBX 880, for a total transaction of £88,000. Insiders have sold 143,231 shares of company stock valued at $126,043,280 in the last quarter. 23.62% of the stock is owned by insiders.

Colefax Group Company Profile

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating.