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

Colefax Group PLC (LON:CFX) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 980 and last traded at GBX 980, with a volume of 2545 shares traded. The stock had previously closed at GBX 960.

Colefax Group Trading Down 0.5%

The stock has a 50 day moving average of GBX 951.16 and a 200 day moving average of GBX 876.18. The company has a debt-to-equity ratio of 73.77, a current ratio of 1.97 and a quick ratio of 1.25. The firm has a market cap of £50.11 million, a P/E ratio of 8.95 and a beta of 0.22.

Insider Transactions at Colefax Group

In related news, insider Alan Smith sold 5,000 shares of the business’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. Also, insider David Green sold 123,231 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 £1,084,432.80. Over the last 90 days, insiders have sold 143,231 shares of company stock worth $126,043,280. 23.62% of the stock is owned by corporate 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.