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

Swiss Water Decaffeinated Coffee (TSE:SWP) announced its earnings results on Tuesday. The company reported C$0.10 earnings per share (EPS) for the quarter, FiscalAI reports. 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$65.88 million during the quarter.

Swiss Water Decaffeinated Coffee Stock Up 7.5%

SWP stock opened at C$9.73 on Thursday. The company’s 50 day simple moving average is C$8.54 and its 200-day simple moving average is C$6.08. The firm has a market capitalization of C$93.33 million, a PE ratio of 19.86 and a beta of 0.75. Swiss Water Decaffeinated Coffee has a 12 month low of C$4.25 and a 12 month high of C$10.04. The company has a debt-to-equity ratio of 160.58, a current ratio of 1.88 and a quick ratio of 0.28.

Insider Activity at Swiss Water Decaffeinated Coffee

In related news, insider Spur Point Capital Inc. bought 46,709 shares of Swiss Water Decaffeinated Coffee stock in a transaction that occurred on Tuesday, September 8th. The shares were purchased at an average price of C$8.26 per share, with a total value of C$385,816.34. Following the purchase, the insider owned 1,747,000 shares in the company, valued at C$14,430,220. This represents a 2.75% increase in their ownership of the stock. Also, Director Mark Stephen Vendramin bought 60,200 shares of Swiss Water Decaffeinated Coffee stock in a transaction that occurred on Monday, August 17th. The stock was bought at an average cost of C$6.81 per share, for a total transaction of C$409,962.00. Following the purchase, the director owned 1,671,591 shares in the company, valued at C$11,383,534.71. This represents a 3.74% increase in their position. Insiders have purchased a total of 259,900 shares of company stock valued at $2,090,284 over the last 90 days. Insiders own 3.81% of the company’s stock.

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.