Swiss Water Decaffeinated Coffee (TSE:SWP) Issues Earnings Results

Swiss Water Decaffeinated Coffee (TSE:SWP) released its quarterly earnings data on Tuesday. The company reported C$0.10 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$65.88 million for the quarter. Swiss Water Decaffeinated Coffee had a net margin of 1.87% and a return on equity of 7.97%.

Swiss Water Decaffeinated Coffee Trading Up 0.7%

Shares of Swiss Water Decaffeinated Coffee stock traded up C$0.06 during trading on Tuesday, reaching C$9.05. 18,701 shares of the stock were exchanged, compared to its average volume of 4,723. The company has a quick ratio of 0.28, a current ratio of 1.88 and a debt-to-equity ratio of 160.58. The stock’s fifty day moving average is C$8.46 and its 200 day moving average is C$6.03. The firm has a market cap of C$86.81 million, a price-to-earnings ratio of 18.47 and a beta of 0.87. Swiss Water Decaffeinated Coffee has a 1 year low of C$4.25 and a 1 year high of C$9.55.

Insider Activity

In other Swiss Water Decaffeinated Coffee news, insider Spur Point Capital Inc. acquired 6,800 shares of the company’s stock in a transaction on Monday, September 14th. The stock was acquired at an average price of C$9.10 per share, for a total transaction of C$61,880.00. Following the acquisition, the insider owned 1,785,791 shares in the company, valued at C$16,250,698.10. This represents a 0.38% increase in their position. Also, Director Mark Stephen Vendramin acquired 6,800 shares of the company’s stock in a transaction on Monday, September 14th. The stock was acquired at an average price of C$9.10 per share, with a total value of C$61,880.00. Following the acquisition, the director owned 1,785,791 shares in the company, valued at approximately C$16,250,698.10. This trade represents a 0.38% increase in their position. Insiders purchased 259,900 shares of company stock worth $2,090,284 over the last three months. 3.81% of the stock is owned by insiders.

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.