Insider Buying: Strix Group Plc (LON:KETL) Insider Buys 68,385 Shares of Stock

Strix Group Plc (LON:KETL) insider Mark Victor Edward Bartlett acquired 68,385 shares of the company’s stock in a transaction on Monday, April 15th. The stock was purchased at an average cost of GBX 73 ($0.91) per share, for a total transaction of £49,921.05 ($62,144.96).

Strix Group Stock Down 2.2 %

Shares of LON KETL opened at GBX 72.40 ($0.90) on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.79 and a debt-to-equity ratio of 296.33. Strix Group Plc has a 52 week low of GBX 50.70 ($0.63) and a 52 week high of GBX 114 ($1.42). The firm has a 50-day moving average price of GBX 68.20 and a 200 day moving average price of GBX 67.96. The stock has a market capitalization of £158.35 million, a price-to-earnings ratio of 1,233.33 and a beta of 0.64.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Strix Group in a research report on Wednesday, March 27th.

About Strix Group

Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components worldwide. The company offers thermostatic controls, cordless interfaces, and other products, such as water dispensers, taps, jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices, as well as small household appliances for personal health and wellness.