Swiss Water Decaffeinated Coffee (TSE:SWP) Trading 1.4% Higher – Still a Buy?

Shares of Swiss Water Decaffeinated Coffee Inc. (TSE:SWP) traded up 1.4% during trading on Tuesday . The company traded as high as C$3.60 and last traded at C$3.56. 6,100 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 4,137 shares. The stock had previously closed at C$3.51.

Swiss Water Decaffeinated Coffee Price Performance

The firm has a market capitalization of C$33.89 million, a price-to-earnings ratio of 50.86 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 business has a 50-day moving average price of C$3.83 and a two-hundred day moving average price of C$3.73.

Swiss Water Decaffeinated Coffee (TSE:SWP) last issued its earnings results on Tuesday, November 5th. The company reported C($0.08) earnings per share for the quarter, missing the consensus estimate of C($0.03) by C($0.05). Swiss Water Decaffeinated Coffee had a return on equity of 1.07% and a net margin of 0.38%. During the same period last year, the business earned ($0.05) earnings per share.

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.