Strix Group Plc (LON:KETL – Get Rating) insider Mark Adrian Kirkland purchased 11,425 shares of the stock in a transaction on Tuesday, April 26th. The shares were purchased at an average price of GBX 218 ($2.78) per share, for a total transaction of £24,906.50 ($31,744.20).
Shares of KETL stock opened at GBX 209.50 ($2.67) on Wednesday. The company has a market capitalization of £432.98 million and a P/E ratio of 17.93. Strix Group Plc has a fifty-two week low of GBX 191.20 ($2.44) and a fifty-two week high of GBX 390 ($4.97). The company has a quick ratio of 0.78, a current ratio of 1.43 and a debt-to-equity ratio of 330.33. The company has a 50 day moving average of GBX 228.25.
The company also recently announced a dividend, which will be paid on Friday, June 10th. Investors of record on Thursday, May 12th will be paid a GBX 5.60 ($0.07) dividend. This represents a dividend yield of 2.33%. This is an increase from Strix Group’s previous dividend of $2.75. The ex-dividend date is Thursday, May 12th. Strix Group’s payout ratio is presently 0.69%.
Several brokerages have recently commented on KETL. Shore Capital reiterated a “sell” rating on shares of Strix Group in a research report on Friday, March 25th. Canaccord Genuity Group decreased their price target on shares of Strix Group from GBX 375 ($4.78) to GBX 300 ($3.82) and set a “buy” rating on the stock in a research note on Thursday, March 31st. Finally, Berenberg Bank cut their price objective on shares of Strix Group from GBX 360 ($4.59) to GBX 310 ($3.95) and set a “buy” rating for the company in a research note on Thursday, April 21st. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Strix Group currently has an average rating of “Buy” and an average target price of GBX 366 ($4.66).
Strix Group Company Profile (Get Rating)
Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components and devices worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices.
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