Spur Point Capital Inc. Buys 31,991 Shares of Swiss Water Decaffeinated Coffee (TSE:SWP) Stock

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) insider Spur Point Capital Inc. bought 31,991 shares of the stock in a transaction dated Friday, September 11th. The stock was bought at an average cost of C$9.03 per share, with a total value of C$288,878.73. Following the purchase, the insider owned 1,778,991 shares in the company, valued at C$16,064,288.73. The trade was a 1.83% increase in their position.

Spur Point Capital Inc. also recently made the following trade(s):

• On Tuesday, September 8th, Spur Point Capital Inc. bought 46,709 shares of Swiss Water Decaffeinated Coffee stock. The stock was purchased at an average price of C$8.26 per share, for a total transaction of C$385,816.34.

Swiss Water Decaffeinated Coffee Trading Up 3.2%

Shares of TSE SWP traded up C$0.29 during mid-day trading on Friday, hitting C$9.45. The stock had a trading volume of 9,147 shares, compared to its average volume of 4,851. The company has a debt-to-equity ratio of 160.58, a quick ratio of 0.28 and a current ratio of 1.88. Swiss Water Decaffeinated Coffee Inc. has a 1 year low of C$4.11 and a 1 year high of C$9.45. The business has a 50 day moving average price of C$6.68 and a two-hundred day moving average price of C$5.67. The firm has a market cap of C$90.64 million, a P/E ratio of 19.29 and a beta of 1.02.

Swiss Water Decaffeinated Coffee (TSE:SWP) last announced its quarterly earnings results on Wednesday, August 5th. The company reported C$0.20 earnings per share (EPS) for the quarter. The business had revenue of C$65.97 million for the quarter. Swiss Water Decaffeinated Coffee had a net margin of 1.87% and a return on equity of 7.97%.

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.