Shares of Coats Group plc (OTCMKTS:CGGGF – Get Free Report) crossed above its 200-day moving average during trading on Thursday. The stock has a 200-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 trading hands.
Coats Group Trading Up 3.7%
The stock’s fifty day simple moving average is $1.07 and its 200-day simple moving average is $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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