Kitwave Group (LON:KITW) Issues Earnings Results

Kitwave Group (LON:KITWGet Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 23.50 ($0.30) earnings per share 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 Stock Performance

Kitwave Group stock opened at GBX 265.38 ($3.37) on Tuesday. The company has a market cap of £212.72 million, a PE 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). The company has a fifty day moving average price of GBX 295.06 and a two-hundred day moving average price of 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.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated 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.

View Our Latest Report on KITW

About Kitwave Group

(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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