Filta Group (LON:FLTA) Announces Earnings Results

Filta Group (LON:FLTA) issued its quarterly earnings results on Tuesday. The company reported GBX (3.11) (($0.04)) earnings per share for the quarter, Digital Look Earnings reports.

LON:FLTA traded down GBX 1 ($0.01) during trading hours on Tuesday, reaching GBX 98.50 ($1.29). 5,135 shares of the company’s stock were exchanged, compared to its average volume of 53,561. The company has a quick ratio of 1.33, a current ratio of 1.78 and a debt-to-equity ratio of 57.90. The company has a 50-day moving average of GBX 93.34 and a 200 day moving average of GBX 95.16. The firm has a market capitalization of $28.66 million and a price-to-earnings ratio of 70.36. Filta Group has a 1-year low of GBX 42 ($0.55) and a 1-year high of GBX 245.40 ($3.21).

In related news, insider Timothy (Tim) John Worlledge purchased 16,700 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The stock was acquired at an average price of GBX 119 ($1.55) per share, for a total transaction of £19,873 ($25,967.59).

Filta Group Company Profile

Filta Group Holdings plc, through its subsidiaries, franchises on-site environmental kitchen solutions in the United Kingdom, the United States, Canada, and Germany. The company offers FiltaFry, which provides fryer management services, including the on-site micro-filtration, and removal and replacement of cooking oil; Fita-Seal for the on-site replacement of refrigerator and freezer door seals; and FiltaGMG, a drain related services comprising live bacteria drain dosing and installation, and servicing of grease recovery units.

Further Reading: Cost of Capital Explained

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