Strix Group (LON:KETL) Trading 0.9% Higher - Here's Why

Key Points

• Strix Group's share price rose by 0.9% to GBX 40, despite experiencing a significant drop in trading volume by 43% compared to its average.
• The company holds a debt-to-equity ratio of 225.66 and boasts a market capitalization of £90.18 million.
• Founded in 1982, Strix specializes in the design and manufacture of safety controls for small domestic appliances, primarily focusing on kettles.

Strix Group Plc (LON:KETL - ) shares traded up 0.9% on Tuesday . The stock traded as high as GBX 40.60 ($0.55) and last traded at GBX 40 ($0.54). 408,748 shares were traded during mid-day trading, a decline of 43% from the average session volume of 717,248 shares. The stock had previously closed at GBX 39.65 ($0.53).

Strix Group Stock Performance

The company has a debt-to-equity ratio of 225.66, a current ratio of 1.33 and a quick ratio of 1.19. The business has a 50-day simple moving average of GBX 42.62 and a 200-day simple moving average of GBX 45.36. The firm has a market capitalization of £90.18 million, a PE ratio of 0.33 and a beta of 0.59.

About Strix Group

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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