Kitwave Group (LON:KITW - Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 23.50 ($0.30) EPS for the quarter, Digital Look Earnings reports. Kitwave Group had a net margin of 2.83% and a return on equity of 20.87%.
Kitwave Group Price Performance
Shares of LON KITW traded down GBX 5.50 ($0.07) during trading hours on Friday, reaching GBX 257.50 ($3.33). 1,343,067 shares of the stock traded hands, compared to its average volume of 238,921. The company's 50-day simple moving average is GBX 291.69 and its two-hundred day simple moving average is GBX 313.93. The company has a market capitalization of £206.40 million, a P/E ratio of 10.69 and a beta of 0.78. Kitwave Group has a 52-week low of GBX 254 ($3.28) and a 52-week high of GBX 409.50 ($5.29). The company has a quick ratio of 0.65, a current ratio of 1.02 and a debt-to-equity ratio of 103.83.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 495 ($6.40) target price on shares of Kitwave Group in a research report on Thursday, November 7th.
Check Out Our Latest Stock Report on KITW
Insiders Place Their Bets
In other Kitwave Group news, insider Ben Maxted purchased 20,000 shares of the business's stock in a transaction on Wednesday, March 5th. The stock was acquired at an average cost of GBX 258 ($3.33) per share, for a total transaction of £51,600 ($66,692.52). 14.99% of the stock is owned by insiders.
About Kitwave Group
(
Get Free Report)
Kitwave Group plc is a delivered wholesale business with over 1,500 employees and a network of 32 depots able to support delivery throughout the UK, specialising in selling impulse products (such as confectionery, soft drinks, snacks, ice cream), frozen and chilled foods, alcohol, groceries and tobacco to over 42,000, mainly independent, customers.
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