Supreme (LON:SUP) Insider Sandeep Chadha Buys 500,000 Shares

Supreme Plc (LON:SUP) insider Sandeep Chadha bought 500,000 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was purchased at an average cost of GBX 132 per share, with a total value of £660,000.

Supreme Price Performance

Shares of SUP opened at GBX 135 on Wednesday. The company has a current ratio of 1.62, a quick ratio of 0.98 and a debt-to-equity ratio of 16.76. The company’s fifty day simple moving average is GBX 148.75 and its 200 day simple moving average is GBX 145.96. Supreme Plc has a 1-year low of GBX 123 and a 1-year high of GBX 195. The company has a market cap of £158.38 million, a price-to-earnings ratio of 9.00 and a beta of 1.03.

Supreme (LON:SUP) last announced its quarterly earnings results on Wednesday, July 1st. The company reported GBX 18.90 EPS for the quarter. Supreme had a net margin of 6.68% and a return on equity of 21.11%. On average, research analysts forecast that Supreme Plc will post 18.8894472 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Supreme in a research note on Wednesday, July 1st.

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.