Swiss Water Decaffeinated Coffee (TSE:SWP) Shares Up 0.7% – Here’s Why

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP)’s share price was up 0.7% during trading on Friday . The company traded as high as C$4.55 and last traded at C$4.55. Approximately 3,826 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 6,207 shares. The stock had previously closed at C$4.52.

Swiss Water Decaffeinated Coffee Stock Up 0.7%

The stock’s fifty day simple moving average is C$4.47 and its two-hundred day simple moving average is C$4.47. The company has a debt-to-equity ratio of 195.53, a current ratio of 1.77 and a quick ratio of 0.28. The company has a market capitalization of C$43.43 million, a price-to-earnings ratio of 56.88 and a beta of 0.78.

Swiss Water Decaffeinated Coffee (TSE:SWP) last posted its quarterly earnings results on Thursday, March 12th. The company reported C$0.13 EPS for the quarter. Swiss Water Decaffeinated Coffee had a net margin of 0.98% and a return on equity of 4.21%. The business had revenue of C$66.01 million during the quarter.

About Swiss Water Decaffeinated Coffee

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.