Shares of Supreme Plc (LON:SUP – Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 124 and last traded at GBX 125, with a volume of 121160 shares changing hands. The stock had previously closed at GBX 128.
Key Supreme News
Here are the key news stories impacting Supreme this week:
- Positive Sentiment: Solid liquidity and modest leverage: current ratio 2.01 and debt-to-equity ~26.4%, which supports short?term obligations and lowers refinancing risk relative to highly levered peers.
- Neutral Sentiment: The clustered media coverage concerns the U.S. Supreme Court hearing on birthright citizenship and former President Trump’s attendance — high-profile political news but not company-specific, so it should have no direct impact on Supreme Plc. Article Title
- Negative Sentiment: Technical and demand weakness: shares are trading below both the 50?day (GBX 141.90) and 200?day (GBX 155.33) moving averages and sit very close to the 52?week low (GBX 124), which can trigger further selling by technical traders. Intraday volume is well below average (121k vs ~278k), indicating limited buying interest. The quick ratio (~0.98) under 1 may concern some investors about near-term liquidity excluding inventory.
Supreme Trading Down 2.3%
The company has a quick ratio of 0.98, a current ratio of 2.01 and a debt-to-equity ratio of 26.43. The company’s 50-day moving average is GBX 141.90 and its 200-day moving average is GBX 155.33. The stock has a market capitalization of £146.65 million, a price-to-earnings ratio of 6.91 and a beta of 1.00.
About Supreme
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.
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