Kitwave Group plc (LON:KITW) Insider Gerard T. Murray Purchases 15,000 Shares

Kitwave Group plc (LON:KITW) insider Gerard T. Murray bought 15,000 shares of Kitwave Group stock in a transaction dated Thursday, July 3rd. The shares were bought at an average cost of GBX 238 ($3.25) per share, with a total value of £35,700 ($48,723.90).

Kitwave Group Stock Performance

Kitwave Group stock opened at GBX 235 ($3.21) on Friday. Kitwave Group plc has a fifty-two week low of GBX 230 ($3.14) and a fifty-two week high of GBX 355 ($4.85). The firm’s 50 day simple moving average is GBX 310.23 and its 200-day simple moving average is GBX 290.77. The company has a debt-to-equity ratio of 103.83, a current ratio of 1.02 and a quick ratio of 0.65. The company has a market cap of £188.37 million, a P/E ratio of 9.76 and a beta of 0.78.

Kitwave Group (LON:KITW) last posted its quarterly earnings data on Tuesday, July 1st. The company reported GBX 7.90 ($0.11) earnings per share for the quarter. Kitwave Group had a net margin of 2.83% and a return on equity of 20.87%. As a group, equities research analysts predict that Kitwave Group plc will post 33.0838323 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their price objective on Kitwave Group from GBX 495 ($6.76) to GBX 420 ($5.73) and set a “buy” rating on the stock in a report on Tuesday.

Kitwave Group Company Profile

Kitwave Group plc is a delivered wholesale business with over 2,100 employees and a network of 37 depots able to support delivery throughout the UK, specialising in selling impulse products (such as confectionery, soft drinks, snacks, ice cream), frozen and chilled foods, alcohol, groceries and tobacco to over 46,000, mainly independent, customers.