Kitwave Group plc (LON:KITW - Get Free Report) shares traded down 3% on Tuesday . The stock traded as low as GBX 317.40 ($4.36) and last traded at GBX 321 ($4.41). 96,772 shares were traded during trading, a decline of 64% from the average session volume of 269,906 shares. The stock had previously closed at GBX 331 ($4.55).
Analysts Set New Price Targets
Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 495 ($6.80) price target on shares of Kitwave Group in a research report on Wednesday, May 7th.
Check Out Our Latest Research Report on Kitwave Group
Kitwave Group Trading Down 23.1%
The company has a debt-to-equity ratio of 103.83, a quick ratio of 0.65 and a current ratio of 1.02. The stock has a market capitalization of £197.99 million, a PE ratio of 10.26 and a beta of 0.78. The business's 50-day moving average is GBX 312.99 and its two-hundred day moving average is GBX 292.58.
Kitwave Group Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Kitwave Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kitwave Group wasn't on the list.
While Kitwave Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
