Swiss Water Decaffeinated Coffee (TSE:SWP) Shares Down 0.9% – Here’s What Happened

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) shares dropped 0.9% on Monday . The stock traded as low as C$4.40 and last traded at C$4.40. Approximately 317 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 984 shares. The stock had previously closed at C$4.44.

Swiss Water Decaffeinated Coffee Trading Down 0.9%

The company has a quick ratio of 0.28, a current ratio of 1.62 and a debt-to-equity ratio of 216.18. The firm has a market cap of C$42.00 million, a price-to-earnings ratio of 55.00 and a beta of 1.24. The business’s fifty day moving average is C$4.46 and its two-hundred day moving average is C$4.43.

Swiss Water Decaffeinated Coffee (TSE:SWP) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$0.02 earnings per share for the quarter. The firm had revenue of C$62.75 million during the quarter. Swiss Water Decaffeinated Coffee had a return on equity of 0.39% and a net margin of 0.13%.

Swiss Water Decaffeinated Coffee Company Profile

Swiss Water Decaffeinated Coffee Inc is a specialty coffee company, that offers green coffee decaffeination and Seaforth Supply Chain Solutions Inc providing green coffee handling and storage services. It is a premium green coffee decaffeinator located in the Canadian state of British Columbia. It employs the proprietary Swiss Water Process to decaffeinate green coffee without the use of chemicals, leveraging science-based systems and controls to produce coffee. The company’s sales are primarily generated in a single segment of decaffeination of green coffee.