Swiss Water Decaffeinated Coffee (TSE:SWP) Posts Quarterly Earnings Results

Swiss Water Decaffeinated Coffee (TSE:SWP) released its quarterly earnings results on Tuesday. The company reported C$0.10 EPS for the quarter, FiscalAI reports. Swiss Water Decaffeinated Coffee had a net margin of 1.87% and a return on equity of 7.97%. The firm had revenue of C$65.88 million during the quarter.

Swiss Water Decaffeinated Coffee Stock Performance

SWP opened at C$9.05 on Wednesday. The firm’s 50-day moving average price is C$8.50 and its 200-day moving average price is C$6.05. The company has a market cap of C$86.81 million, a P/E ratio of 18.47 and a beta of 0.75. The company has a quick ratio of 0.28, a current ratio of 1.88 and a debt-to-equity ratio of 160.58. Swiss Water Decaffeinated Coffee has a 52-week low of C$4.25 and a 52-week high of C$9.55.

Insider Buying and Selling at Swiss Water Decaffeinated Coffee

In related news, insider Spur Point Capital Inc. bought 6,800 shares of the stock in a transaction dated Monday, September 14th. The stock was acquired at an average price of C$9.10 per share, for a total transaction of C$61,880.00. Following the acquisition, the insider owned 1,785,791 shares in the company, valued at approximately C$16,250,698.10. This represents a 0.38% increase in their position. Also, Director Mark Stephen Vendramin bought 6,800 shares of Swiss Water Decaffeinated Coffee stock in a transaction dated Monday, September 14th. The stock was purchased at an average price of C$9.10 per share, with a total value of C$61,880.00. Following the purchase, the director directly owned 1,785,791 shares in the company, valued at approximately C$16,250,698.10. This trade represents a 0.38% increase in their position. In the last three months, insiders purchased 259,900 shares of company stock valued at $2,090,284. 3.81% of the stock is owned by insiders.

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.