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Strix Group (LON:KETL) Trading Up 2.9% - Here's Why

Strix Group logo with Computer and Technology background

Key Points

  • Strix Group's stock price increased by 2.9% during mid-day trading, reaching GBX 45 ($0.60), with trading volume up 56% over its average.
  • The company has a debt-to-equity ratio of 225.66 and a market capitalization of £101.45 million, indicating a high level of leverage.
  • Strix Group specializes in kettle safety controls and other components related to water heating and temperature control, established in 1982 in the Isle of Man.
  • Need better tools to track Strix Group? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Strix Group Plc (LON:KETL - Get Free Report)'s stock price shot up 2.9% during trading on Monday . The company traded as high as GBX 45.35 ($0.60) and last traded at GBX 45 ($0.59). 1,142,498 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 733,278 shares. The stock had previously closed at GBX 43.75 ($0.58).

Strix Group Price Performance

The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 225.66. The business's 50-day simple moving average is GBX 43.69 and its 200-day simple moving average is GBX 45.93. The stock has a market cap of £95.81 million, a PE ratio of 0.35 and a beta of 0.59.

Strix Group Company Profile

(Get Free Report)

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.

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