Strix Group (LON:KETL) Stock Price Down 5.5%

Strix Group Plc (LON:KETL) was down 5.5% during trading on Wednesday . The company traded as low as GBX 74 ($0.98) and last traded at GBX 79 ($1.04). Approximately 1,704,017 shares were traded during trading, an increase of 256% from the average daily volume of 479,160 shares. The stock had previously closed at GBX 83.60 ($1.10).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Strix Group in a research report on Thursday, July 25th.

Strix Group Price Performance

The company has a quick ratio of 1.19, a current ratio of 1.58 and a debt-to-equity ratio of 257.04. The company has a 50 day moving average of GBX 83.45 and a two-hundred day moving average of GBX 78.96. The firm has a market cap of £181.59 million, a P/E ratio of 1,128.57 and a beta of 0.59.

Strix Group Company Profile

Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components worldwide. The company offers thermostatic controls, cordless interfaces, and other products, such as water dispensers, taps, jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices, as well as small household appliances for personal health and wellness.