Swiss Water Decaffeinated Coffee (TSE:SWP) Trading Up 0.7% – Here’s What Happened

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP)’s stock price shot up 0.7% on Tuesday . The stock traded as high as C$4.46 and last traded at C$4.45. 9,146 shares were traded during mid-day trading, an increase of 245% from the average session volume of 2,650 shares. The stock had previously closed at C$4.42.

Swiss Water Decaffeinated Coffee Price Performance

The company has a debt-to-equity ratio of 216.18, a quick ratio of 0.28 and a current ratio of 1.62. The stock has a market capitalization of C$42.48 million, a price-to-earnings ratio of 55.63 and a beta of 1.02. The business’s 50 day simple moving average is C$4.45 and its 200-day simple moving average is C$4.45.

Swiss Water Decaffeinated Coffee Company Profile

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.