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Kitwave Group (LON:KITW) Trading Up 0.3% - What's Next?

Kitwave Group logo with Consumer Defensive background

Shares of Kitwave Group plc (LON:KITW - Get Free Report) shot up 0.3% during mid-day trading on Thursday . The stock traded as high as GBX 321 ($4.36) and last traded at GBX 318 ($4.31). 454,791 shares traded hands during trading, an increase of 58% from the average session volume of 287,354 shares. The stock had previously closed at GBX 317 ($4.30).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 495 ($6.72) price target on shares of Kitwave Group in a research report on Wednesday, May 7th.

Check Out Our Latest Analysis on KITW

Kitwave Group Trading Down 0.9%

The stock has a market cap of £252.50 million, a PE ratio of 13.08 and a beta of 0.78. The firm has a 50-day moving average price of GBX 298.81 and a 200-day moving average price of GBX 292.62. The company has a debt-to-equity ratio of 103.83, a quick ratio of 0.65 and a current ratio of 1.02.

About Kitwave Group

(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.

Further Reading

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