Key Points
- Spur Point Capital increased its stake in Swiss Water Decaffeinated Coffee by purchasing 46,709 shares at C$8.26 each, spending approximately C$385,816. The insider now directly owns 1.747 million shares valued at about C$14.43 million.
- Swiss Water shares opened at C$9.20, near their 52-week high of C$9.31, compared with a 52-week low of C$4.11. The company has an approximately C$88.25 million market capitalization and a P/E ratio of 18.78.
- In its latest quarter, the company reported C$0.20 EPS and C$65.97 million in revenue, with a 1.87% net margin and 7.97% return on equity.
Swiss Water Decaffeinated Coffee Inc. (TSE:SWP - Get Free Report) insider Spur Point Capital Inc. purchased 46,709 shares of the company's stock in a transaction that occurred on Tuesday, September 8th. The stock was bought at an average cost of C$8.26 per share, for a total transaction of C$385,816.34. Following the purchase, the insider directly owned 1,747,000 shares in the company, valued at C$14,430,220. This trade represents a 2.75% increase in their position.
Swiss Water Decaffeinated Coffee Stock Performance
TSE:SWP opened at C$9.20 on Wednesday. The company has a debt-to-equity ratio of 160.58, a quick ratio of 0.28 and a current ratio of 1.88. The company has a fifty day moving average of C$6.55 and a two-hundred day moving average of C$5.61. The stock has a market capitalization of C$88.25 million, a PE ratio of 18.78 and a beta of 1.02. Swiss Water Decaffeinated Coffee Inc. has a fifty-two week low of C$4.11 and a fifty-two week high of C$9.31.
Swiss Water Decaffeinated Coffee (TSE:SWP - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported C$0.20 earnings per share (EPS) for the quarter. The business had revenue of C$65.97 million for the quarter. Swiss Water Decaffeinated Coffee had a net margin of 1.87% and a return on equity of 7.97%.
About Swiss Water Decaffeinated Coffee
(
Get Free Report)
Swiss Water Decaffeinated Coffee Inc is a specialty coffee company, that offers green coffee decaffeination and Seaforth Supply Chain Solutions Inc providing green coffee handling and storage services. It is a premium green coffee decaffeinator located in the Canadian state of British Columbia. It employs the proprietary Swiss Water Process to decaffeinate green coffee without the use of chemicals, leveraging science-based systems and controls to produce coffee. The company's sales are primarily generated in a single segment of decaffeination of green coffee.
Further Reading
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