Kitwave Group plc (LON:KITW - Get Free Report)'s share price traded up 2% during mid-day trading on Thursday . The company traded as high as GBX 336.50 ($4.39) and last traded at GBX 336.48 ($4.39). 130,583 shares were traded during mid-day trading, a decline of 37% from the average session volume of 208,881 shares. The stock had previously closed at GBX 330 ($4.31).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 455 ($5.94) price objective on shares of Kitwave Group in a research note on Tuesday, September 3rd.
Check Out Our Latest Report on Kitwave Group
Kitwave Group Stock Down 1.0 %
The company has a market capitalization of £267.87 million, a price-to-earnings ratio of 1,387.50 and a beta of 0.78. The firm's fifty day simple moving average is GBX 326.98 and its two-hundred day simple moving average is GBX 343.63. The company has a current ratio of 1.02, a quick ratio of 0.65 and a debt-to-equity ratio of 103.83.
About Kitwave Group
(
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Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers.
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