Kitwave Group (LON:KITW – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported GBX 23.50 ($0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kitwave Group had a return on equity of 20.87% and a net margin of 2.83%.
Kitwave Group Trading Down 4.2 %
Kitwave Group stock opened at GBX 265.38 ($3.37) on Tuesday. Kitwave Group has a 52-week low of GBX 265 ($3.37) and a 52-week high of GBX 409.50 ($5.20). The company has a quick ratio of 0.65, a current ratio of 1.02 and a debt-to-equity ratio of 103.83. The firm has a market capitalization of £212.72 million, a price-to-earnings ratio of 11.02 and a beta of 0.78. The firm has a 50-day moving average price of GBX 295.06 and a two-hundred day moving average price of GBX 315.10.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 495 ($6.29) target price on shares of Kitwave Group in a research report on Thursday, November 7th.
Kitwave Group Company Profile
Kitwave Group plc is a delivered wholesale business with over 1,500 employees and a network of 32 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 42,000, mainly independent, customers.
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