Coats Group (OTCMKTS:CGGGF) Trading Up 8.7% – Here’s What Happened

Coats Group plc (OTCMKTS:CGGGFGet Free Report) was up 8.7% on Friday . The stock traded as high as $1.13 and last traded at $1.13. Approximately 5,000 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 30,426 shares. The stock had previously closed at $1.04.

Coats Group Trading Up 8.7%

The stock has a 50 day moving average of $1.10 and a 200-day moving average of $1.08.

Coats Group Company Profile

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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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