Strix Group (LON:KETL) Hits New 12-Month Low – What’s Next?

Shares of Strix Group Plc (LON:KETL) hit a new 52-week low on Wednesday . The company traded as low as GBX 57.20 ($0.72) 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).

Wall Street Analyst Weigh In

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

Strix Group Stock Up 6.0 %

The firm has a market capitalization of £141.36 million, a price-to-earnings ratio of 2,000.00 and a beta of 0.59. The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 222.14. The company’s 50 day moving average price is GBX 66.11 and its 200 day moving average price is GBX 77.24.

Strix Group Company Profile

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.