Key Points
- Insider selling: Strix Group insider Mark Adrian Kirkland sold 6,315 shares on May 14 at an average price of GBX 43, totaling £2,715.45.
- Stock snapshot: Strix Group shares opened at GBX 42.40, with the company carrying a market capitalization of £93.95 million and a P/E ratio of 12.47.
- Analyst outlook: Research coverage remains generally positive, with three analysts rating the stock a Buy and a consensus price target of GBX 56.67, though Berenberg recently lowered its target from GBX 75 to GBX 70.
Strix Group Plc (LON:KETL - Get Free Report) insider Mark Adrian Kirkland sold 6,315 shares of the company's stock in a transaction on Thursday, May 14th. The stock was sold at an average price of GBX 43, for a total transaction of £2,715.45.
Strix Group Stock Performance
LON KETL opened at GBX 42.40 on Wednesday. The company has a current ratio of 1.68, a quick ratio of 1.19 and a debt-to-equity ratio of 192.67. The firm's fifty day moving average price is GBX 39.31 and its two-hundred day moving average price is GBX 41.72. Strix Group Plc has a 1 year low of GBX 32.50 and a 1 year high of GBX 52. The firm has a market capitalization of £93.95 million, a P/E ratio of 12.47 and a beta of 0.93.
Wall Street Analyst Weigh In
Several research firms have issued reports on KETL. Berenberg Bank dropped their price target on shares of Strix Group from GBX 75 to GBX 70 and set a "buy" rating on the stock in a research report on Tuesday, March 10th. Stifel Nicolaus reaffirmed a "buy" rating and set a GBX 54 price target on shares of Strix Group in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Strix Group has an average rating of "Buy" and a consensus target price of GBX 56.67.
Read Our Latest Report on Strix Group
Strix Group Company Profile
(
Get Free Report)
Founded in 1982, Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.
Strix's core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly.
Strix has built up market leading capability and know-how, expanding into complementary products and technologies.
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