Shares of Supreme Plc (LON:SUP – Get Free Report) shot up 1.7% during trading on Thursday . The company traded as high as GBX 150 and last traded at GBX 150. 27,172 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 294,218 shares. The stock had previously closed at GBX 147.50.
Key Supreme News
Here are the key news stories impacting Supreme this week:
- Neutral Sentiment: U.S. Supreme Court declined to block California’s new mid‑decade congressional map, allowing a Democrat‑favorable map to stand for 2026 — political/legislative story unlikely to affect Supreme Plc’s UK retail/wholesale operations. Supreme Court allows new California congressional districts that favor Democrats
- Neutral Sentiment: Regional coverage (East Bay Times / OC Register) also reports the Supreme Court let Proposition 50 maps stand — local electoral map change; no direct corporate impact on Supreme Plc. Supreme Court’s decision to let Proposition 50 maps stand may have implications beyond 2026
- Neutral Sentiment: Fox News and other outlets note the Court rejected a GOP challenge to the map — political headlines may move sector or market sentiment for short periods but are not company‑specific for SUP. Supreme Court shuts down California GOP bid to block Newsom’s new map
- Neutral Sentiment: Polling and political coverage (e.g., Yahoo) about public views on Supreme Court rulings and high‑profile policy questions may influence overall market sentiment but do not pertain to Supreme Plc’s operational outlook. Most want Supreme Court to rule against Trump on tariffs, Federal Reserve removal: Polling
- Neutral Sentiment: Additional roundups note the Court’s refusal to intervene in California’s map changes; these are macro/political headlines rather than corporate developments for a UK‑listed retailer/distributor. Supreme Court declines to block California’s new mid-decade congressional map
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Supreme in a report on Monday, October 20th.
Supreme Trading Up 1.7%
The stock has a 50-day moving average price of GBX 148.58 and a 200-day moving average price of GBX 167.93. The stock has a market cap of £175.98 million, a P/E ratio of 8.29 and a beta of 1.13. The company has a debt-to-equity ratio of 25.39, a quick ratio of 0.98 and a current ratio of 2.11.
Supreme (LON:SUP – Get Free Report) last posted its quarterly earnings results on Tuesday, November 25th. The company reported GBX 9.10 EPS for the quarter. Supreme had a net margin of 10.14% and a return on equity of 42.41%. On average, equities research analysts expect that Supreme Plc will post 18.8894472 EPS for the current year.
Insider Activity at Supreme
In other news, insider Sandeep Chadha sold 2,000,000 shares of the stock in a transaction on Friday, November 28th. The shares were sold at an average price of GBX 156, for a total value of £3,120,000. 56.11% of the stock is owned by company insiders.
Supreme Company Profile
Supreme supplies products across three operating divisions: Vaping (previously known as ‘Vaping’ and ‘Branded Distribution’), Drinks & Wellness (‘Sports Nutrition & Wellness’ combined with Typhoo Tea, Clearly Drinks and the newly acquired SlimFast brand), and Electricals & Household (previously ‘Batteries’ and ‘Lighting’, also including the recently acquired 1001 cleaning brand). The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities.
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