Colefax Group (LON:CFX) Reaches New 1-Year High – Time to Buy?

Colefax Group PLC (LON:CFX) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 995 and last traded at GBX 979.60, with a volume of 1035 shares trading hands. The stock had previously closed at GBX 960.

Colefax Group Stock Performance

The stock has a market cap of £50.61 million, a PE ratio of 9.04 and a beta of 0.22. The company has a debt-to-equity ratio of 73.77, a current ratio of 1.97 and a quick ratio of 1.25. The stock has a 50-day simple moving average of GBX 953.58 and a 200-day simple moving average of GBX 881.30.

Insider Buying and Selling at Colefax Group

In other Colefax Group news, insider David Green sold 123,231 shares of Colefax Group stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of GBX 880, for a total transaction of £1,084,432.80. Also, 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 transaction of £44,000. Over the last ninety days, insiders have sold 143,231 shares of company stock worth $126,043,280. 23.62% of the stock is currently owned by corporate insiders.

About Colefax Group

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. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.