Strix Group (LON:KETL) Trading Up 12.6% - Still a Buy?

Strix Group Plc (LON:KETL - Get Free Report) shares were up 12.6% on Wednesday . The company traded as high as GBX 47.90 ($0.64) and last traded at GBX 47.80 ($0.64). Approximately 941,688 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 789,951 shares. The stock had previously closed at GBX 42.45 ($0.57).

Analyst Ratings Changes

Separately, Shore Capital upgraded shares of Strix Group to a "buy" rating in a report on Thursday, January 30th.

Strix Group Stock Up 9.5 %

The firm has a market cap of £104.83 million, a PE ratio of 0.39 and a beta of 0.59. The stock has a 50 day simple moving average of GBX 46.40 and a 200-day simple moving average of GBX 50.83. The company has a debt-to-equity ratio of 225.66, a current ratio of 1.33 and a quick ratio of 1.19.

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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