Strix Group (LON:KETL) Hits New 1-Year Low – Time to Sell?

Strix Group Plc (LON:KETL)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 57.20 ($0.72) and last traded at GBX 58.40 ($0.74), with a volume of 232786 shares trading hands. The stock had previously closed at GBX 58.60 ($0.74).

Analysts Set New Price Targets

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

Strix Group Stock Up 6.0 %

The company has a market cap of £141.36 million, a P/E ratio of 2,000.00 and a beta of 0.59. The company has a 50-day simple moving average of GBX 66.11 and a 200 day simple moving average of GBX 77.24. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 222.14.

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.