Kitwave Group (LON:KITW) Releases Quarterly Earnings Results

Kitwave Group (LON:KITWGet Free Report) posted its earnings results on Tuesday. The company reported GBX 23.50 ($0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kitwave Group had a net margin of 2.83% and a return on equity of 20.87%.

Kitwave Group Price Performance

Shares of LON:KITW opened at GBX 265.38 ($3.37) on Tuesday. The stock’s 50 day moving average price is GBX 295.06 and its 200 day moving average price is GBX 315.10. The company has a debt-to-equity ratio of 103.83, a current ratio of 1.02 and a quick ratio of 0.65. The stock has a market cap of £212.72 million, a price-to-earnings ratio of 11.02 and a beta of 0.78. Kitwave Group has a 12 month low of GBX 265 ($3.37) and a 12 month high of GBX 409.50 ($5.20).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 495 ($6.29) price target on shares of Kitwave Group in a research note on Thursday, November 7th.

Check Out Our Latest Analysis on Kitwave Group

Kitwave Group Company Profile

(Get Free Report)

Kitwave Group plc is a delivered wholesale business with over 1,500 employees and a network of 32 depots able to support delivery throughout the UK, specialising in selling impulse products (such as confectionery, soft drinks, snacks, ice cream), frozen and chilled foods, alcohol, groceries and tobacco to over 42,000, mainly independent, customers.

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