Swiss Water Decaffeinated Coffee (TSE:SWP) Insider Spur Point Capital Inc. Acquires 46,709 Shares

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) insider Spur Point Capital Inc. acquired 46,709 shares of the stock in a transaction on Tuesday, September 8th. The stock was bought at an average price of C$8.26 per share, for a total transaction of C$385,816.34. Following the transaction, the insider owned 1,747,000 shares in the company, valued at approximately C$14,430,220. This represents a 2.75% increase in their position.

Swiss Water Decaffeinated Coffee Price Performance

Shares of TSE SWP opened at C$9.20 on Wednesday. The company has a debt-to-equity ratio of 160.58, a current ratio of 1.88 and a quick ratio of 0.28. The stock has a market capitalization of C$88.25 million, a price-to-earnings ratio of 18.78 and a beta of 1.02. The firm’s 50 day simple moving average is C$6.55 and its 200-day simple moving average is C$5.61. Swiss Water Decaffeinated Coffee Inc. has a 12 month low of C$4.11 and a 12 month high of C$9.31.

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

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.