Swiss Water Decaffeinated Coffee (TSE:SWP) Director Purchases C$288,878.73 in Stock

Key Points

• Director Mark Stephen Vendramin purchased 31,991 shares of Swiss Water Decaffeinated Coffee at an average C$9.03 per share, investing C$288,878.73 and increasing his ownership by 1.83% to 1,778,991 shares.
• Vendramin has made several additional purchases since mid-August, bringing his recent buying activity to more than 174,000 shares as the stock price rose from roughly C$6.81 to C$9.10.
• Swiss Water shares recently traded at C$9.52, near their 52-week high of C$9.55, while the company 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) Director Mark Stephen Vendramin purchased 31,991 shares of Swiss Water Decaffeinated Coffee stock in a transaction that occurred on Friday, September 11th. The stock was purchased at an average cost of C$9.03 per share, for a total transaction of C$288,878.73. Following the completion of the purchase, the director owned 1,778,991 shares of the company's stock, valued at C$16,064,288.73. This trade represents a 1.83% increase in their ownership of the stock.

Mark Stephen Vendramin also recently made the following trade(s):

• On Monday, September 14th, Mark Stephen Vendramin acquired 6,800 shares of Swiss Water Decaffeinated Coffee stock. The shares were purchased at an average cost of C$9.10 per share, with a total value of C$61,880.00.
• On Tuesday, September 8th, Mark Stephen Vendramin bought 46,709 shares of Swiss Water Decaffeinated Coffee stock. The shares were acquired at an average price of C$8.26 per share, for a total transaction of C$385,816.34.
• On Monday, August 31st, Mark Stephen Vendramin bought 12,600 shares of Swiss Water Decaffeinated Coffee stock. The shares were acquired at an average price of C$7.37 per share, for a total transaction of C$92,862.00.
• On Monday, August 24th, Mark Stephen Vendramin bought 16,100 shares of Swiss Water Decaffeinated Coffee stock. The stock was acquired at an average cost of C$7.10 per share, for a total transaction of C$114,310.00.
• On Monday, August 17th, Mark Stephen Vendramin purchased 60,200 shares of Swiss Water Decaffeinated Coffee stock. The stock was acquired at an average price of C$6.81 per share, with a total value of C$409,962.00.

Swiss Water Decaffeinated Coffee Stock Up 0.3%

TSE SWP traded up C$0.03 during trading hours on Monday, reaching C$9.52. 11,132 shares of the company's stock traded hands, compared to its average volume of 4,902. Swiss Water Decaffeinated Coffee Inc. has a 52-week low of C$4.11 and a 52-week high of C$9.55. 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 firm has a 50-day simple moving average of C$6.75 and a 200 day simple moving average of C$5.71. The firm has a market cap of C$91.32 million, a PE ratio of 19.43 and a beta of 1.02.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.