Colefax Group (LON:CFX) Reaches New 12-Month High – Here’s What Happened

Colefax Group PLC (LON:CFX)’s share price hit a new 52-week high on Monday . The company traded as high as GBX 1,000 and last traded at GBX 1,000, with a volume of 4719 shares. The stock had previously closed at GBX 985.58.

Colefax Group Stock Up 1.5%

The firm has a market capitalization of £51.66 million, a price-to-earnings ratio of 9.23 and a beta of 0.22. The company has a debt-to-equity ratio of 73.77, a quick ratio of 1.25 and a current ratio of 1.97. The business’s 50 day moving average is GBX 962.92 and its 200-day moving average is GBX 893.39.

Insiders Place Their Bets

In other news, insider David Green sold 123,231 shares of the firm’s stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of GBX 880, for a total value of £1,084,432.80. Also, insider Alan Smith sold 5,000 shares of Colefax Group stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of GBX 880, for a total value of £44,000. In the last ninety days, insiders sold 143,231 shares of company stock valued at $126,043,280. 23.62% of the stock is owned by company insiders.

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.