Strix Group (LON:KETL) Trading Down 2.5% - Time to Sell?

Strix Group Plc (LON:KETL - Get Free Report) was down 2.5% during trading on Thursday . The company traded as low as GBX 45.93 ($0.58) and last traded at GBX 46.50 ($0.59). Approximately 951,658 shares changed hands during mid-day trading, an increase of 35% from the average daily volume of 702,692 shares. The stock had previously closed at GBX 47.70 ($0.61).

Analyst Ratings Changes

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

Strix Group Stock Down 1.0 %

The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 225.66. The firm has a market cap of £98.52 million, a price-to-earnings ratio of 0.36 and a beta of 0.59. The firm's 50 day simple moving average is GBX 49.21 and its two-hundred day simple moving average is GBX 53.96.

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.