Strix Group (LON:KETL) Shares Down 1.7%

Strix Group Plc (LON:KETL) shares fell 1.7% during trading on Thursday . The company traded as low as GBX 78 ($1.00) and last traded at GBX 78.90 ($1.01). 582,714 shares were traded during trading, an increase of 7% from the average session volume of 544,304 shares. The stock had previously closed at GBX 80.30 ($1.03).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “hold” rating on shares of Strix Group in a research report on Thursday, July 25th.

Strix Group Price Performance

The company’s fifty day simple moving average is GBX 84.07 and its 200-day simple moving average is GBX 76.78. The stock has a market cap of £181.82 million, a P/E ratio of 1,130.00 and a beta of 0.60. The company has a current ratio of 1.58, a quick ratio of 1.19 and a debt-to-equity ratio of 257.04.

About Strix Group

Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components worldwide. The company offers thermostatic controls, cordless interfaces, and other products, such as water dispensers, taps, jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices, as well as small household appliances for personal health and wellness.