Supreme (LON:SUP) Trading Down 2.5% – Here’s Why

Supreme Plc (LON:SUP)’s share price fell 2.5% during trading on Monday . The stock traded as low as GBX 152 and last traded at GBX 156. Approximately 10,324 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 217,405 shares. The stock had previously closed at GBX 160.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Supreme in a research report on Thursday, May 7th.

Supreme Price Performance

The company has a debt-to-equity ratio of 26.43, a quick ratio of 0.98 and a current ratio of 2.01. The firm has a market capitalization of £183.02 million, a P/E ratio of 8.62 and a beta of 1.04. The stock’s 50 day simple moving average is GBX 152.87 and its 200 day simple moving average is GBX 146.54.

Supreme Company Profile

Supreme supplies products across three operating divisions: Vaping (previously known as ‘Vaping’ and ‘Branded Distribution’), Drinks & Wellness (‘Sports Nutrition & Wellness’ combined with Typhoo Tea, Clearly Drinks and the newly acquired SlimFast brand), and Electricals & Household (previously ‘Batteries’ and ‘Lighting’, also including the recently acquired 1001 cleaning brand). The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities.