Strix Group (LON:KETL) Upgraded at Shore Capital

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

Strix Group Stock Up 0.1 %

KETL opened at GBX 48.10 ($0.60) on Thursday. The stock has a market capitalization of £110.56 million, a P/E ratio of 1,603.33 and a beta of 0.59. Strix Group has a one year low of GBX 43.75 ($0.54) and a one year high of GBX 92.90 ($1.15). The company has a debt-to-equity ratio of 222.14, a quick ratio of 1.19 and a current ratio of 1.33. The business’s 50-day simple moving average is GBX 48.58 and its 200-day simple moving average is GBX 65.13.

About Strix Group

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.