Kitwave Group plc (LON:KITW - Get Free Report)'s share price shot up 0.7% on Friday . The company traded as high as GBX 280 ($3.73) and last traded at GBX 277 ($3.69). 66,398 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 261,372 shares. The stock had previously closed at GBX 275 ($3.66).
Kitwave Group Stock Up 1.3 %
The firm's 50-day simple moving average is GBX 265.19 and its 200-day simple moving average is GBX 295.24. The company has a market capitalization of £241.27 million, a price-to-earnings ratio of 12.50 and a beta of 0.78. The company has a debt-to-equity ratio of 103.83, a quick ratio of 0.65 and a current ratio of 1.02.
Kitwave Group (LON:KITW - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The company reported GBX 23.50 ($0.31) EPS for the quarter. Kitwave Group had a return on equity of 20.87% and a net margin of 2.83%. Sell-side analysts forecast that Kitwave Group plc will post 33.0838323 earnings per share for the current year.
Insider Buying and Selling at Kitwave Group
In other news, insider Ben Maxted bought 20,000 shares of Kitwave Group stock in a transaction dated Wednesday, March 5th. The shares were bought at an average price of GBX 258 ($3.44) per share, for a total transaction of £51,600 ($68,754.16). Insiders own 14.99% of the company's stock.
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.
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