Strix Group (LON:KETL) Sets New 52-Week Low - Here's What Happened

Key Points

• Strix Group Plc shares reached a new 52-week low of GBX 38.90 ($0.53) during trading, ending at GBX 39.65 ($0.54) with a volume of 256,929 shares.
• The company has a market capitalization of £89.39 million and a notably low price-to-earnings ratio of 0.33.
• Founded in 1982, Strix is known for its kettle safety controls and related products in water heating and filtration.

Strix Group Plc (LON:KETL - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 38.90 ($0.53) and last traded at GBX 39.65 ($0.54), with a volume of 256929 shares traded. The stock had previously closed at GBX 39.25 ($0.53).

Strix Group Price Performance

The firm has a 50 day moving average of GBX 42.39 and a 200-day moving average of GBX 45.22. The company has a market cap of £96.04 million, a P/E ratio of 0.35 and a beta of 0.59. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 225.66.

Strix Group Company Profile

Founded in 1982, Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration. Strix's core product range comprises a variety of safety controls for small domestic appliances, primarily kettles.