Strix Group (LON:KETL) Trading Up 1.1% – Here’s What Happened

Strix Group Plc (LON:KETL)’s stock price was up 1.1% during mid-day trading on Thursday . The company traded as high as GBX 50.15 ($0.65) and last traded at GBX 49.95 ($0.65). Approximately 239,775 shares changed hands during trading, a decline of 65% from the average daily volume of 684,742 shares. The stock had previously closed at GBX 49.40 ($0.64).

Analyst Ratings Changes

Separately, Shore Capital raised Strix Group to a “buy” rating in a research note on Thursday, January 30th.

Strix Group Stock Performance

The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 225.66. The stock’s fifty day moving average price is GBX 48.86 and its two-hundred day moving average price is GBX 58.20. The company has a market capitalization of £112.61 million, a PE ratio of 0.41 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.