Supreme (LON:SUP) Trading Up 1.7% – Still a Buy?

Supreme Plc (LON:SUPGet Free Report)’s stock price rose 1.7% on Wednesday . The stock traded as high as GBX 147 and last traded at GBX 146. Approximately 90,531 shares traded hands during trading, an increase of 6% from the average daily volume of 85,357 shares. The stock had previously closed at GBX 143.50.

Key Headlines Impacting Supreme

Here are the key news stories impacting Supreme this week:

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Supreme in a report on Monday, October 20th.

Read Our Latest Stock Analysis on Supreme

Supreme Trading Up 1.7%

The company has a quick ratio of 0.98, a current ratio of 2.11 and a debt-to-equity ratio of 25.39. The firm has a market cap of £171.28 million, a P/E ratio of 8.07 and a beta of 1.13. The firm’s 50-day simple moving average is GBX 155.90 and its 200 day simple moving average is GBX 171.58.

Supreme (LON:SUPGet Free Report) last released its earnings results on Tuesday, November 25th. The company reported GBX 9.10 earnings per share for the quarter. Supreme had a net margin of 10.14% and a return on equity of 42.41%. As a group, analysts expect that Supreme Plc will post 18.8894472 earnings per share for the current year.

Insider Transactions at Supreme

In other Supreme news, insider Sandeep Chadha sold 2,000,000 shares of the firm’s stock in a transaction on Friday, November 28th. The stock was sold at an average price of GBX 156, for a total value of £3,120,000. 56.11% of the stock is owned by corporate insiders.

About Supreme

(Get Free Report)

Supreme supplies products across six categories; Batteries, Lighting, Vaping, Sports Nutrition and Wellness, Branded Distribution and Soft Drinks. The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities. This vertically integrated platform provides an excellent route to market for well-known brands and products.

The Group has over 3,000 active business accounts with retail customers who manage over 10,000 branded retail outlets.

Further Reading

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