Kitwave Group plc (LON:KITW - Get Free Report)'s stock price fell 4.8% during mid-day trading on Friday . The stock traded as low as GBX 279.30 ($3.41) and last traded at GBX 295.60 ($3.61). 199,099 shares were traded during mid-day trading, a decline of 10% from the average session volume of 222,303 shares. The stock had previously closed at GBX 310.50 ($3.79).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 495 ($6.04) price target on shares of Kitwave Group in a report on Thursday, November 7th.
Get Our Latest Stock Report on KITW
Kitwave Group Price Performance
The business has a fifty day moving average of GBX 319.53 and a two-hundred day moving average of GBX 325.02. The company has a debt-to-equity ratio of 103.83, a quick ratio of 0.65 and a current ratio of 1.02. The firm has a market capitalization of £237.78 million, a price-to-earnings ratio of 1,231.67 and a beta of 0.78.
About Kitwave Group
(
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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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