Swiss Water Decaffeinated Coffee (TSE:SWP) Trading Down 0.2% – Here’s Why

Swiss Water Decaffeinated Coffee Inc. (TSE:SWP)’s stock price dropped 0.2% during mid-day trading on Thursday . The company traded as low as C$3.99 and last traded at C$4.02. Approximately 4,300 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 6,247 shares. The stock had previously closed at C$4.03.

Swiss Water Decaffeinated Coffee Stock Performance

The company has a market capitalization of C$38.18 million, a P/E ratio of 57.29 and a beta of 1.76. The company has a current ratio of 1.66, a quick ratio of 0.28 and a debt-to-equity ratio of 205.83. The company’s fifty day moving average is C$3.82 and its 200 day moving average is C$3.68.

Swiss Water Decaffeinated Coffee Company Profile

Swiss Water Decaffeinated Coffee Inc engages in the decaffeination of green coffee without the use of chemicals in Canada, the United States, and internationally. The company sells its decaffeinated green coffees to specialty roaster retailers, specialty coffee importers, and commercial coffee roasters, as well as through regional distributors.