Insider Buying: Swiss Water Decaffeinated Coffee (TSE:SWP) Insider Buys 6,800 Shares of Stock

Key Points

• Spur Point Capital increased its stake in Swiss Water Decaffeinated Coffee by purchasing 6,800 shares at C$9.10 each, a C$61,880 transaction. The insider now owns 1,785,791 shares valued at approximately C$16.25 million.
• The purchase follows two additional acquisitions totaling 78,700 shares earlier in September, indicating continued insider buying activity.
• SWP shares traded near their 52-week high at C$9.52, with a market capitalization of C$91.32 million. The company most 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 6,800 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were purchased at an average price of C$9.10 per share, for a total transaction of C$61,880.00. Following the purchase, the insider owned 1,785,791 shares in the company, valued at C$16,250,698.10. This represents a 0.38% increase in their position.

Spur Point Capital Inc. also recently made the following trade(s):

• On Friday, September 11th, Spur Point Capital Inc. purchased 31,991 shares of Swiss Water Decaffeinated Coffee stock. The stock was acquired at an average cost of C$9.03 per share, for a total transaction of C$288,878.73.
• On Tuesday, September 8th, Spur Point Capital Inc. bought 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 Price Performance

Shares of SWP stock traded up C$0.03 during trading hours on Monday, hitting C$9.52. The stock had a trading volume of 11,132 shares, compared to its average volume of 4,902. The company has a debt-to-equity ratio of 160.58, a current ratio of 1.88 and a quick ratio of 0.28. The stock has a market capitalization of C$91.32 million, a price-to-earnings ratio of 19.43 and a beta of 1.02. Swiss Water Decaffeinated Coffee Inc. has a one year low of C$4.11 and a one year high of C$9.55. The stock's 50-day moving average price is C$6.75 and its two-hundred day moving average price is C$5.71.

Swiss Water Decaffeinated Coffee (TSE:SWP - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported C$0.20 earnings per share for the quarter. The company had revenue of C$65.97 million for the quarter. Swiss Water Decaffeinated Coffee had a net margin of 1.87% and a return on equity of 7.97%.

Swiss Water Decaffeinated Coffee Company Profile

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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