Supreme (LON:SUP) Trading 6.1% Higher – Should You Buy?

Supreme Plc (LON:SUP) rose 6.1% during mid-day trading on Tuesday . The company traded as high as GBX 174.88 ($2.28) and last traded at GBX 174 ($2.27). Approximately 217,708 shares were traded during mid-day trading, an increase of 14% from the average daily volume of 191,036 shares. The stock had previously closed at GBX 164 ($2.13).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Supreme in a research note on Thursday, September 19th.

Supreme Stock Up 6.1 %

The stock has a market capitalization of £202.87 million, a P/E ratio of 966.67 and a beta of 1.13. The business has a 50-day simple moving average of GBX 161.37 and a two-hundred day simple moving average of GBX 159.23. The company has a quick ratio of 0.98, a current ratio of 2.11 and a debt-to-equity ratio of 25.39.

Insider Transactions at Supreme

In other Supreme news, insider Sandeep Chadha sold 600,000 shares of the stock in a transaction dated Friday, October 11th. The stock was sold at an average price of GBX 160 ($2.08), for a total value of £960,000 ($1,249,674.56). 57.86% of the stock is owned by company insiders.

Supreme Company Profile

Supreme Plc supplies and distributes a range of consumer goods in the United Kingdom, Ireland, the Netherlands, France, rest of Europe, and internationally. It operates through Batteries; Lighting; Vaping; Sports Nutrition & Wellness; and Other Consumer Goods segments. The company offers consumer batteries; lighting, energy-saving bulbs, private label lighting, LED light fittings, lamps and light fittings, and point of sale display solutions; sports nutrition and wellness products; and smart home LED technology solutions.