Insider Buying: Swiss Water Decaffeinated Coffee (TSE:SWP) Insider Purchases C$385,816.34 in Stock

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) insider Spur Point Capital Inc. acquired 46,709 shares of Swiss Water Decaffeinated Coffee stock in a transaction on Tuesday, September 8th. The shares were purchased at an average cost of C$8.26 per share, for a total transaction of C$385,816.34. Following the acquisition, the insider owned 1,747,000 shares in the company, valued at approximately C$14,430,220. This represents a 2.75% increase in their position.

Swiss Water Decaffeinated Coffee Trading Up 4.2%

Swiss Water Decaffeinated Coffee stock traded up C$0.37 during trading hours on Tuesday, reaching C$9.22. 13,881 shares of the company’s stock traded hands, compared to its average volume of 4,761. Swiss Water Decaffeinated Coffee Inc. has a fifty-two week low of C$4.11 and a fifty-two week high of C$9.31. The firm’s 50 day moving average is C$6.48 and its 200-day moving average is C$5.57. The company has a debt-to-equity ratio of 160.58, a quick ratio of 0.28 and a current ratio of 1.88. The firm has a market capitalization of C$88.44 million, a price-to-earnings ratio of 18.82 and a beta of 1.02.

Swiss Water Decaffeinated Coffee (TSE:SWP) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$0.20 earnings per share (EPS) for the quarter. Swiss Water Decaffeinated Coffee had a return on equity of 7.97% and a net margin of 1.87%.The business had revenue of C$65.97 million for the quarter.

Swiss Water Decaffeinated Coffee Company Profile

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.