Spur Point Capital Inc. Buys 46,709 Shares of Swiss Water Decaffeinated Coffee (TSE:SWP) Stock

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) insider Spur Point Capital Inc. acquired 46,709 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were bought at an average price of C$8.26 per share, for a total transaction of C$385,816.34. Following the acquisition, the insider owned 1,747,000 shares in the company, valued at approximately C$14,430,220. This trade represents a 2.75% increase in their position.

Swiss Water Decaffeinated Coffee Stock Performance

Shares of SWP opened at C$9.20 on Thursday. Swiss Water Decaffeinated Coffee Inc. has a one year low of C$4.11 and a one year high of C$9.32. The company has a 50-day moving average of C$6.61 and a two-hundred day moving average of C$5.64. The stock has a market cap of C$88.25 million, a price-to-earnings ratio of 18.78 and a beta of 1.02. The company has a debt-to-equity ratio of 160.58, a current ratio of 1.88 and a quick ratio of 0.28.

Swiss Water Decaffeinated Coffee (TSE:SWP) last released its quarterly earnings results on Wednesday, August 5th. The company reported C$0.20 earnings per share (EPS) for the quarter. The business had revenue of C$65.97 million for the quarter. Swiss Water Decaffeinated Coffee had a net margin of 1.87% and a return on equity of 7.97%.

About Swiss Water Decaffeinated Coffee

Swiss Water Decaffeinated Coffee Inc is a specialty coffee company, that offers green coffee decaffeination and Seaforth Supply Chain Solutions Inc providing green coffee handling and storage services. It is a premium green coffee decaffeinator located in the Canadian state of British Columbia. It employs the proprietary Swiss Water Process to decaffeinate green coffee without the use of chemicals, leveraging science-based systems and controls to produce coffee. The company’s sales are primarily generated in a single segment of decaffeination of green coffee.