Strix Group (LON:KETL) Upgraded by Shore Capital to Buy Rating

Shore Capital upgraded shares of Strix Group (LON:KETL) to a buy rating in a research report sent to investors on Thursday, Marketbeat reports.

Strix Group Price Performance

Shares of LON:KETL opened at GBX 48.45 ($0.60) on Thursday. The stock’s fifty day simple moving average is GBX 49.05 and its two-hundred day simple moving average is GBX 65.54. The stock has a market cap of £111.36 million, a PE ratio of 1,614.97 and a beta of 0.59. Strix Group has a 1-year low of GBX 43.75 ($0.54) and a 1-year high of GBX 92.90 ($1.15). The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 222.14.

Strix Group Company Profile

Founded in 1982, Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

Strix’s core product range comprises a variety of safety controls for small domestic appliances, primarily kettles.