Strix Group (LON:KETL) Stock Price Up 1.1% - Should You Buy?

Strix Group Plc (LON:KETL - Get Free Report)'s share price rose 1.1% during mid-day trading on Thursday . The stock traded as high as GBX 50.15 ($0.65) and last traded at GBX 49.95 ($0.65). Approximately 239,775 shares were traded during trading, a decline of 65% from the average daily volume of 684,742 shares. The stock had previously closed at GBX 49.40 ($0.64).

Wall Street Analysts Forecast Growth

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

Strix Group Trading Down 0.1 %

The company has a debt-to-equity ratio of 225.66, a current ratio of 1.33 and a quick ratio of 1.19. The firm has a market cap of £112.49 million, a price-to-earnings ratio of 0.41 and a beta of 0.59. The firm's fifty day moving average is GBX 48.90 and its 200-day moving average is GBX 57.61.

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.