Supreme (LON:SUP) Shares Up 1.7% – What’s Next?

Shares of Supreme Plc (LON:SUPGet 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:

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on SUP

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:SUPGet 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

(Get Free Report)

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.

Read More

Receive News & Ratings for Supreme Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Supreme and related companies with MarketBeat.com's FREE daily email newsletter.