Swiss Water Decaffeinated Coffee (TSE:SWP) Stock Price Up 2.2% - Still a Buy?

Key Points

• Swiss Water Decaffeinated Coffee shares rose 2.2% to C$8.37 in mid-day trading, although volume was 46% below the average daily level.
• The company reported quarterly earnings of C$0.20 per share on C$65.97 million in revenue, with a 1.87% net margin and 7.97% return on equity.
• Insiders have been buying shares: executives and directors purchased 259,900 shares worth approximately C$2.09 million over the past quarter, while insiders own 3.81% of the company.

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP - Get Free Report)'s share price rose 2.2% during mid-day trading on Monday. The company traded as high as C$8.37 and last traded at C$8.37. 2,551 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 4,754 shares. The stock had previously closed at C$8.19.

Swiss Water Decaffeinated Coffee Price Performance

The stock has a market cap of C$80.29 million, a P/E ratio of 17.08 and a beta of 0.87. 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 business's fifty day moving average price is C$7.78 and its 200 day moving average price is C$6.19.

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

Insider Buying and Selling at Swiss Water Decaffeinated Coffee

In other news, Director Mark Stephen Vendramin acquired 60,200 shares of Swiss Water Decaffeinated Coffee stock in a transaction that occurred on Monday, August 17th. The shares were acquired at an average price of C$6.81 per share, for a total transaction of C$409,962.00. Following the transaction, the director directly owned 1,671,591 shares of the company's stock, valued at approximately C$11,383,534.71. The trade was a 3.74% increase in their position. Also, insider Spur Point Capital Inc. purchased 46,709 shares of the business's stock in a transaction dated Tuesday, September 8th. The shares were purchased at an average cost of C$8.26 per share, for a total transaction of C$385,816.34. Following the completion of the purchase, the insider directly owned 1,747,000 shares of the company's stock, valued at approximately C$14,430,220. This represents a 2.75% increase in their position. Insiders have bought 259,900 shares of company stock valued at $2,090,284 over the last quarter. Company insiders own 3.81% of the company's stock.

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.

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