Insider Buying: Swiss Water Decaffeinated Coffee (TSE:SWP) Insider Buys C$61,880.00 in Stock

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) insider Spur Point Capital Inc. acquired 6,800 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was purchased at an average cost of C$9.10 per share, with a total value of C$61,880.00. Following the completion of the acquisition, the insider directly owned 1,785,791 shares of the company’s stock, valued at approximately C$16,250,698.10. This trade represents a 0.38% increase in their position.

Spur Point Capital Inc. also recently made the following trade(s):

• On Friday, September 11th, Spur Point Capital Inc. bought 31,991 shares of Swiss Water Decaffeinated Coffee stock. The shares were acquired at an average price of C$9.03 per share, with a total value of C$288,878.73.
• On Tuesday, September 8th, Spur Point Capital Inc. purchased 46,709 shares of Swiss Water Decaffeinated Coffee stock. The shares were bought at an average cost of C$8.26 per share, for a total transaction of C$385,816.34.

Swiss Water Decaffeinated Coffee Stock Performance

Shares of SWP stock opened at C$9.29 on Thursday. The stock’s 50-day moving average price is C$6.97 and its 200 day moving average price is C$5.81. The company has a quick ratio of 0.28, a current ratio of 1.88 and a debt-to-equity ratio of 160.58. The stock has a market capitalization of C$89.11 million, a PE ratio of 18.96 and a beta of 1.02. Swiss Water Decaffeinated Coffee Inc. has a 52-week low of C$4.19 and a 52-week high of C$9.55.

Swiss Water Decaffeinated Coffee (TSE:SWP) last announced its earnings results on Wednesday, August 5th. The company reported C$0.20 earnings per share for the quarter. Swiss Water Decaffeinated Coffee had a return on equity of 7.97% and a net margin of 1.87%.The company had revenue of C$65.97 million for the quarter.

Swiss Water Decaffeinated Coffee Company Profile

Swiss Water Decaffeinated Coffee Inc is a specialty coffee company, that offers green coffee decaffeination and Seaforth Supply Chain Solutions Inc providing green coffee handling and storage services. It is a premium green coffee decaffeinator located in the Canadian state of British Columbia. It employs the proprietary Swiss Water Process to decaffeinate green coffee without the use of chemicals, leveraging science-based systems and controls to produce coffee. The company’s sales are primarily generated in a single segment of decaffeination of green coffee.