Swiss Water Decaffeinated Coffee (TSE:SWP) Stock Price Down 4.5% – Here’s Why

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) shares fell 4.5% during trading on Wednesday . The company traded as low as C$5.49 and last traded at C$5.54. Approximately 3,492 shares traded hands during trading, a decline of 15% from the average session volume of 4,089 shares. The stock had previously closed at C$5.80.

Swiss Water Decaffeinated Coffee Stock Down 4.5%

The stock has a fifty day moving average of C$5.59 and a 200 day moving average of C$4.92. The firm has a market capitalization of C$53.14 million, a P/E ratio of 29.16 and a beta of 0.79. The company has a debt-to-equity ratio of 179.34, a current ratio of 1.86 and a quick ratio of 0.28.

Swiss Water Decaffeinated Coffee (TSE:SWP) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.14 earnings per share for the quarter. The business had revenue of C$57.45 million for the quarter. Swiss Water Decaffeinated Coffee had a return on equity of 4.17% and a net margin of 0.96%.

Insider Activity at Swiss Water Decaffeinated Coffee

In related news, insider Properly Investment Company Ltd. purchased 4,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were bought at an average cost of C$5.68 per share, with a total value of C$25,560.00. Following the acquisition, the insider owned 1,593,891 shares of the company’s stock, valued at C$9,053,300.88. This represents a 0.28% increase in their ownership of the stock. In the last quarter, insiders acquired 26,500 shares of company stock worth $146,951. Insiders own 3.81% of the company’s stock.

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.