Strix Group Plc (LON:KETL)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 297 ($3.88) and last traded at GBX 297 ($3.88), with a volume of 253160 shares changing hands. The stock had previously closed at GBX 281 ($3.67).

KETL has been the topic of a number of recent analyst reports. Canaccord Genuity boosted their price target on Strix Group from GBX 265 ($3.46) to GBX 310 ($4.05) and gave the stock a “buy” rating in a research report on Monday, March 29th. Shore Capital reissued a “buy” rating on shares of Strix Group in a research report on Monday, January 18th.

The firm has a market cap of £605.92 million and a price-to-earnings ratio of 24.02. The stock has a 50 day moving average of GBX 265.53 and a 200 day moving average of GBX 239.11. The company has a quick ratio of 0.96, a current ratio of 1.53 and a debt-to-equity ratio of 257.36.

The firm also recently announced a dividend, which will be paid on Wednesday, June 2nd. Shareholders of record on Thursday, May 6th will be paid a dividend of GBX 5.25 ($0.07) per share. This is an increase from Strix Group’s previous dividend of $2.60. The ex-dividend date is Thursday, May 6th. This represents a yield of 1.98%. Strix Group’s payout ratio is presently 0.66%.

About Strix Group (LON:KETL)

Strix Group Plc designs, manufactures, and supplies kettle safety controls and other complementary water products for use in temperature control, steam management, and water filtration applications worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices.

See Also: Special Purpose Acquisition Company (SPAC) – What You Need to Know

Receive News & Ratings for Strix Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strix Group and related companies with MarketBeat.com's FREE daily email newsletter.