Sandeep Chadha Buys 500,000 Shares of Supreme (LON:SUP) Stock

Supreme Plc (LON:SUP) insider Sandeep Chadha acquired 500,000 shares of the stock in a transaction on Monday, July 20th. The stock was bought at an average price of GBX 132 per share, with a total value of £660,000.

Supreme Stock Up 2.8%

SUP stock opened at GBX 135.15 on Tuesday. Supreme Plc has a fifty-two week low of GBX 123 and a fifty-two week high of GBX 195. The business’s 50 day moving average price is GBX 149.29 and its two-hundred day moving average price is GBX 146.06. The company has a debt-to-equity ratio of 16.76, a quick ratio of 0.98 and a current ratio of 1.62. The company has a market capitalization of £158.56 million, a price-to-earnings ratio of 9.01 and a beta of 1.03.

Supreme (LON:SUP) last released its earnings results on Wednesday, July 1st. The company reported GBX 18.90 EPS for the quarter. Supreme had a return on equity of 21.11% and a net margin of 6.68%. As a group, analysts forecast that Supreme Plc will post 18.8894472 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “house stock” rating on shares of Supreme in a research report on Wednesday, July 1st.

About Supreme

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.