Insider Buying: Swiss Water Decaffeinated Coffee (TSE:SWP) Director Buys C$409,962.00 in Stock

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) Director Mark Stephen Vendramin purchased 60,200 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were purchased at an average cost of C$6.81 per share, for a total transaction of C$409,962.00. Following the completion of the acquisition, the director directly owned 1,671,591 shares of the company’s stock, valued at C$11,383,534.71. This represents a 3.74% increase in their position.

Swiss Water Decaffeinated Coffee Price Performance

TSE:SWP opened at C$7.12 on Friday. The company has a quick ratio of 0.28, a current ratio of 1.88 and a debt-to-equity ratio of 160.58. Swiss Water Decaffeinated Coffee Inc. has a 52 week low of C$3.81 and a 52 week high of C$7.14. The stock’s 50-day moving average price is C$5.92 and its 200-day moving average price is C$5.27. The stock has a market capitalization of C$68.30 million, a PE ratio of 14.53 and a beta of 0.78.

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

Swiss Water Decaffeinated Coffee Company Profile

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.