Coats Group (OTCMKTS:CGGGF) Stock Price Down 0.9% – Time to Sell?

Shares of Coats Group plc (OTCMKTS:CGGGF) fell 0.9% on Thursday . The company traded as low as $1.11 and last traded at $1.11. 10,000 shares changed hands during trading, a decline of 70% from the average session volume of 33,775 shares. The stock had previously closed at $1.12.

Coats Group Price Performance

The firm has a 50 day moving average of $1.05 and a two-hundred day moving average of $1.05.

About Coats Group

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.