Strix Group (LON:KETL) Trading Down 1.2%

Strix Group Plc (LON:KETL)’s stock price fell 1.2% on Friday . The company traded as low as GBX 82.50 ($1.08) and last traded at GBX 82.50 ($1.08). 537,494 shares were traded during mid-day trading, an increase of 12% from the average session volume of 480,329 shares. The stock had previously closed at GBX 83.50 ($1.10).

Wall Street Analysts Forecast Growth

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

Strix Group Stock Performance

The company has a market capitalization of £189.63 million, a price-to-earnings ratio of 1,178.57 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. The stock has a 50-day simple moving average of GBX 83.60 and a 200-day simple moving average of GBX 78.25.

Strix Group Company Profile

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.