Strix Group (LON:KETL) Stock Rating Upgraded by Shore Capital

Strix Group (LON:KETL) was upgraded by stock analysts at Shore Capital to a “buy” rating in a report released on Thursday,Digital Look reports.

Strix Group Stock Performance

LON:KETL traded up GBX 2.05 ($0.03) during trading hours on Thursday, hitting GBX 48.05 ($0.60). 2,458,808 shares of the company traded hands, compared to its average volume of 602,437. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 222.14. Strix Group has a twelve month low of GBX 43.75 ($0.54) and a twelve month high of GBX 92.90 ($1.16). The firm has a 50-day moving average of GBX 49.05 and a 200 day moving average of GBX 65.54. The stock has a market capitalization of £110.45 million, a price-to-earnings ratio of 1,601.67 and a beta of 0.59.

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.