Key Points
- Spur Point Capital increased its stake in Swiss Water Decaffeinated Coffee by purchasing 31,991 shares at C$9.03 each, a transaction worth approximately C$288,879. It now directly owns 1,778,991 shares valued at about C$16.1 million.
- The insider also bought 46,709 shares earlier in the week for approximately C$385,816, signaling continued insider buying in the company.
- Swiss Water shares opened at C$9.49, up 3.6%, reaching their 52-week high. The company recently reported quarterly revenue of C$65.97 million and earnings of C$0.20 per share.
Swiss Water Decaffeinated Coffee Inc. (TSE:SWP - Get Free Report) insider Spur Point Capital Inc. bought 31,991 shares of the company's stock in a transaction on Friday, September 11th. The stock was bought at an average price of C$9.03 per share, for a total transaction of C$288,878.73. Following the completion of the purchase, the insider directly owned 1,778,991 shares in the company, valued at approximately C$16,064,288.73. This represents a 1.83% increase in their ownership of the stock.
Spur Point Capital Inc. also recently made the following trade(s):
- On Tuesday, September 8th, Spur Point Capital Inc. purchased 46,709 shares of Swiss Water Decaffeinated Coffee stock. The shares were bought at an average cost of C$8.26 per share, with a total value of C$385,816.34.
Swiss Water Decaffeinated Coffee Stock Up 3.6%
Shares of TSE SWP opened at C$9.49 on Friday. Swiss Water Decaffeinated Coffee Inc. has a 52-week low of C$4.11 and a 52-week high of C$9.49. The firm has a market capitalization of C$91.03 million, a price-to-earnings ratio of 19.37 and a beta of 1.02. The stock has a 50 day moving average price of C$6.75 and a 200 day moving average price of C$5.70. The company has a debt-to-equity ratio of 160.58, a quick ratio of 0.28 and a current ratio of 1.88.
Swiss Water Decaffeinated Coffee (TSE:SWP - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported C$0.20 earnings per share for the quarter. Swiss Water Decaffeinated Coffee had a return on equity of 7.97% and a net margin of 1.87%.The business had revenue of C$65.97 million during the quarter.
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.
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