Spur Point Capital Inc. Buys 6,800 Shares of Swiss Water Decaffeinated Coffee (TSE:SWP) Stock

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) insider Spur Point Capital Inc. acquired 6,800 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were acquired at an average price of C$9.10 per share, with a total value of C$61,880.00. Following the acquisition, the insider owned 1,785,791 shares in the company, valued at approximately C$16,250,698.10. The trade was a 0.38% increase in their position.

Spur Point Capital Inc. also recently made the following trade(s):

• On Friday, September 11th, Spur Point Capital Inc. acquired 31,991 shares of Swiss Water Decaffeinated Coffee stock. The stock was bought at an average cost of C$9.03 per share, with a total value of C$288,878.73.
• On Tuesday, September 8th, Spur Point Capital Inc. acquired 46,709 shares of Swiss Water Decaffeinated Coffee stock. The shares were bought at an average price of C$8.26 per share, with a total value of C$385,816.34.

Swiss Water Decaffeinated Coffee Stock Performance

Shares of SWP traded up C$0.03 during trading hours on Monday, reaching C$9.52. 11,132 shares of the company traded hands, compared to its average volume of 4,902. 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 business has a fifty day moving average price of C$6.75 and a 200-day moving average price of C$5.71. Swiss Water Decaffeinated Coffee Inc. has a 12-month low of C$4.11 and a 12-month high of C$9.55. The stock has a market capitalization of C$91.32 million, a P/E ratio of 19.43 and a beta of 1.02.

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

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.