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

Swiss Water Decaffeinated Coffee (TSE:SWP) released its earnings results on Wednesday. The company reported C$0.20 earnings per share for the quarter, FiscalAI reports. Swiss Water Decaffeinated Coffee had a return on equity of 4.17% and a net margin of 0.96%.The firm had revenue of C$65.97 million for the quarter.

Swiss Water Decaffeinated Coffee Stock Performance

Shares of SWP stock opened at C$5.41 on Thursday. The company has a debt-to-equity ratio of 179.34, a current ratio of 1.86 and a quick ratio of 0.28. The stock has a market cap of C$51.89 million, a PE ratio of 28.47 and a beta of 0.78. The stock has a 50-day moving average of C$5.66 and a 200-day moving average of C$5.08. Swiss Water Decaffeinated Coffee has a one year low of C$3.81 and a one year high of C$6.06.

Insiders Place Their Bets

In other news, insider Properly Investment Company Ltd. acquired 13,600 shares of Swiss Water Decaffeinated Coffee stock in a transaction that occurred on Monday, May 25th. The shares were acquired at an average price of C$5.51 per share, with a total value of C$74,936.00. Following the purchase, the insider directly owned 1,583,691 shares of the company’s stock, valued at C$8,726,137.41. The trade was a 0.87% increase in their ownership of the stock. Over the last 90 days, insiders have purchased 26,500 shares of company stock worth $146,951. 3.81% of the stock is owned by company insiders.

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.