Strix Group (LON:KETL) Reaches New 12-Month Low – Here’s Why

Strix Group Plc (LON:KETL)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 57.20 ($0.73) and last traded at GBX 58.40 ($0.74), with a volume of 232786 shares. The stock had previously closed at GBX 58.60 ($0.74).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “hold” rating on shares of Strix Group in a research report on Thursday, July 25th.

Strix Group Price Performance

The firm has a market capitalization of £134.24 million, a price-to-earnings ratio of 1,933.33 and a beta of 0.59. The stock’s 50-day moving average price is GBX 67.14 and its 200 day moving average price is GBX 77.51. The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 222.14.

About Strix Group

Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components worldwide. The company offers thermostatic controls, cordless interfaces, and other products, such as water dispensers, taps, jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices, as well as small household appliances for personal health and wellness.