Strix Group (LON:KETL) Rating Increased to Buy at Shore Capital

Strix Group (LON:KETL - Get Free Report) was upgraded by analysts at Shore Capital to a "buy" rating in a report issued on Thursday, Marketbeat Ratings reports.

Strix Group Stock Up 0.1 %

KETL stock traded up GBX 0.05 ($0.00) on Thursday, hitting GBX 48.15 ($0.59). 725,089 shares of the company's stock were exchanged, compared to its average volume of 618,638. The firm has a 50 day moving average price of GBX 48.58 and a two-hundred day moving average price of GBX 64.79. Strix Group has a 12-month low of GBX 43.75 ($0.54) and a 12-month high of GBX 92.90 ($1.14). The stock has a market cap of £110.68 million, a P/E ratio of 1,605.00 and a beta of 0.59. The company has a debt-to-equity ratio of 222.14, a quick ratio of 1.19 and a current ratio of 1.33.

Strix Group Company Profile

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.