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

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) insider Spur Point Capital Inc. purchased 46,709 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was bought at an average price of C$8.26 per share, with a total value of C$385,816.34. Following the acquisition, the insider directly owned 1,747,000 shares in the company, valued at approximately C$14,430,220. This represents a 2.75% increase in their ownership of the stock.

Swiss Water Decaffeinated Coffee Stock Down 0.4%

Shares of TSE SWP opened at C$9.16 on Friday. The stock has a market capitalization of C$87.86 million, a price-to-earnings ratio of 18.69 and a beta of 1.02. Swiss Water Decaffeinated Coffee Inc. has a 52 week low of C$4.11 and a 52 week high of C$9.32. The firm has a 50-day moving average price of C$6.68 and a 200 day moving average price of C$5.67. The company has a quick ratio of 0.28, a current ratio of 1.88 and a debt-to-equity ratio of 160.58.

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

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.