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

Colefax Group PLC (LON:CFX)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 980 and last traded at GBX 980, with a volume of 2545 shares. The stock had previously closed at GBX 960.

Colefax Group Price Performance

The company’s fifty day moving average price is GBX 947.61 and its 200 day moving average price is GBX 873.38. The company has a market capitalization of £50.63 million, a P/E ratio of 9.04 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 Buying and Selling

In other Colefax Group 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 Alan Smith 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. Insiders have sold 143,231 shares of company stock worth $126,043,280 in the last quarter. 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.