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

Colefax Group PLC (LON:CFX) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 968 and last traded at GBX 968, with a volume of 1517 shares. The stock had previously closed at GBX 932.50.

Colefax Group Stock Up 3.8%

The stock has a 50 day moving average of GBX 913.40 and a 200-day moving average of GBX 850.36. 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 firm has a market capitalization of £50.01 million, a P/E ratio of 8.93 and a beta of 0.22.

Insider Buying and Selling

In other Colefax Group 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 Key Hall sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of GBX 880, for a total value of £44,000. In the last 90 days, insiders have 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.