Strix Group (LON:KETL) Reaches New 1-Year Low – Should You Sell?

Strix Group Plc (LON:KETL)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 42.36 ($0.54) and last traded at GBX 44.15 ($0.56), with a volume of 1579074 shares traded. The stock had previously closed at GBX 44.55 ($0.57).

Analyst Ratings Changes

Separately, Shore Capital upgraded shares of Strix Group to a “buy” rating in a research note on Thursday, January 30th.

Strix Group Stock Performance

The stock has a market capitalization of £99.53 million, a price-to-earnings ratio of 0.37 and a beta of 0.59. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 225.66. The firm has a 50-day moving average of GBX 49.21 and a 200-day moving average of GBX 53.96.

Strix Group Company Profile

Founded in 1982, Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

Strix’s core product range comprises a variety of safety controls for small domestic appliances, primarily kettles.