Kitwave Group plc (LON:KITW) Insider Ben Maxted Purchases 20,000 Shares

Kitwave Group plc (LON:KITW) insider Ben Maxted purchased 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average cost of GBX 258 ($3.32) per share, for a total transaction of £51,600 ($66,494.85).

Kitwave Group Trading Up 1.7 %

Shares of LON:KITW opened at GBX 263 ($3.39) on Friday. The company has a quick ratio of 0.65, a current ratio of 1.02 and a debt-to-equity ratio of 103.83. The company’s 50-day moving average price is GBX 291.69 and its 200 day moving average price is GBX 313.93. The company has a market cap of £210.81 million, a PE ratio of 10.92 and a beta of 0.78. Kitwave Group plc has a fifty-two week low of GBX 254 ($3.27) and a fifty-two week high of GBX 409.50 ($5.28).

Kitwave Group (LON:KITW) last released its quarterly earnings results on Tuesday, March 4th. The company reported GBX 23.50 ($0.30) earnings per share for the quarter. Kitwave Group had a return on equity of 20.87% and a net margin of 2.83%. Sell-side analysts anticipate that Kitwave Group plc will post 33.0838323 earnings per share for the current year.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 495 ($6.38) target price on shares of Kitwave Group in a research report on Thursday, November 7th.

About Kitwave Group

Kitwave Group plc is a delivered wholesale business with over 1,500 employees and a network of 32 depots able to support delivery throughout the UK, specialising in selling impulse products (such as confectionery, soft drinks, snacks, ice cream), frozen and chilled foods, alcohol, groceries and tobacco to over 42,000, mainly independent, customers.