Strix Group (LON:KETL) Trading Down 2.5% – Time to Sell?

by · The Cerbat Gem

Shares of Strix Group Plc (LON:KETL – Get Free Report) dropped 2.5% during mid-day trading on Thursday . The company traded as low as GBX 45.93 ($0.60) and last traded at GBX 46.50 ($0.61). Approximately 951,658 shares changed hands during mid-day trading, an increase of 35% from the average daily volume of 702,692 shares. The stock had previously closed at GBX 47.70 ($0.63).

Wall Street Analyst Weigh In

Separately, Shore Capital upgraded Strix Group to a “buy” rating in a research report on Thursday, January 30th.

Get Our Latest Research Report on KETL

Strix Group Stock Down 2.5 %

The company has a debt-to-equity ratio of 225.66, a current ratio of 1.33 and a quick ratio of 1.19. The company has a fifty day moving average price of GBX 49.32 and a 200 day moving average price of GBX 54.83. The company has a market cap of £104.83 million, a PE ratio of 0.39 and a beta of 0.59.

Strix Group Company Profile

(Get Free Report)

Founded in 1982, Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

Strix’s core product range comprises a variety of safety controls for small domestic appliances, primarily kettles.

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