Colefax Group (LON:CFX) Sets New 52-Week High – Should You Buy?

Colefax Group PLC (LON:CFX)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 970 and last traded at GBX 941.34, with a volume of 967 shares traded. The stock had previously closed at GBX 945.

Colefax Group Price Performance

The firm has a 50-day moving average of GBX 919.71 and a 200-day moving average of GBX 853.52. The stock has a market cap of £48.63 million, a PE ratio of 8.68 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.

Insider Activity at Colefax Group

In other news, insider Key Hall sold 5,000 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 £44,000. Also, insider Wendy Nicholls sold 10,000 shares of the business’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of GBX 880, for a total transaction of £88,000. In the last 90 days, insiders sold 143,231 shares of company stock valued at $126,043,280. Corporate insiders own 23.62% of the company’s stock.

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.