Colefax Group (LON:CFX) Sets New 12-Month High – Here’s Why

Colefax Group PLC (LON:CFX) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 995 and last traded at GBX 979.60, with a volume of 1035 shares changing hands. The stock had previously closed at GBX 960.

Colefax Group Trading Up 0.9%

The business’s 50-day simple moving average is GBX 957.15 and its two-hundred day simple moving average is GBX 884.19. The firm has a market capitalization of £51.60 million, a price-to-earnings ratio of 9.21 and a beta of 0.22. The company has a quick ratio of 1.25, a current ratio of 1.97 and a debt-to-equity ratio of 73.77.

Insider Activity at Colefax Group

In other news, insider Key Hall sold 5,000 shares of Colefax Group stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of GBX 880, for a total value of £44,000. Also, insider Wendy Nicholls sold 10,000 shares of the business’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of GBX 880, for a total value of £88,000. Insiders have sold a total of 143,231 shares of company stock worth $126,043,280 over the last quarter. Company insiders own 23.62% of the company’s stock.

Colefax Group Company Profile

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. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.