Kitwave Group (LON:KITW - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX 7.90 ($0.11) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kitwave Group had a return on equity of 20.87% and a net margin of 2.83%.
Kitwave Group Price Performance
KITW traded down GBX 75 ($1.03) during trading on Tuesday, hitting GBX 246 ($3.38). The company's stock had a trading volume of 6,081,764 shares, compared to its average volume of 316,401. The firm has a market capitalization of £197.19 million, a price-to-earnings ratio of 10.21 and a beta of 0.78. Kitwave Group has a twelve month low of GBX 230 ($3.16) and a twelve month high of GBX 355 ($4.88). The business's fifty day simple moving average is GBX 312.99 and its 200 day simple moving average is GBX 292.58. The company has a current ratio of 1.02, a quick ratio of 0.65 and a debt-to-equity ratio of 103.83.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group decreased their target price on shares of Kitwave Group from GBX 495 ($6.80) to GBX 420 ($5.77) and set a "buy" rating for the company in a research note on Tuesday.
Check Out Our Latest Analysis on Kitwave Group
Kitwave Group Company Profile
(
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Kitwave Group plc is a delivered wholesale business with over 2,100 employees and a network of 37 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 46,000, mainly independent, customers.
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