Coats Group (OTCMKTS:CGGGF) Stock Price Down 12.1% – Should You Sell?

Coats Group plc (OTCMKTS:CGGGFGet Free Report) shares traded down 12.1% during trading on Monday . The stock traded as low as $0.99 and last traded at $0.99. 9,300 shares were traded during mid-day trading, a decline of 75% from the average session volume of 37,275 shares. The stock had previously closed at $1.13.

Coats Group Stock Down 12.1%

The firm has a 50 day simple moving average of $1.03 and a 200-day simple moving average of $1.12.

Coats Group Company Profile

(Get Free Report)

Coats Group plc, together with its subsidiaries, manufactures and supplies industrial sewing threads worldwide. The company provides threads, yarns, zips, trims, composites, and fabrics for use in apparel, such as children's wear, denims, intimate and underwear, ladieswear, leather wear, menswear, sports and activewear, and workwear & uniforms; handbags, luggage, bags, and fashion accessories; dress and casual, protective, and sports footwear; home textiles, mattress and beddings, outdoor goods, and sporting goods; cut protection, fire services, healthcare PPE, industrial thermal, and military purposes; automotive, marine, and tyre cord applications; telecoms and energy cables; and tea bags, and medical and filtration purpose.

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