Supreme (LON:SUP) Shares Down 1.3% – What’s Next?

Supreme Plc (LON:SUP) shares were down 1.3% on Wednesday . The company traded as low as GBX 150 ($1.95) and last traded at GBX 150 ($1.95). Approximately 116,124 shares traded hands during trading, a decline of 38% from the average daily volume of 188,502 shares. The stock had previously closed at GBX 152 ($1.98).

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Supreme in a research report on Monday, December 2nd.

Supreme Stock Performance

The company has a quick ratio of 0.98, a current ratio of 2.11 and a debt-to-equity ratio of 25.39. The stock has a fifty day moving average price of GBX 169.18 and a two-hundred day moving average price of GBX 166.77. The company has a market capitalization of £174.63 million, a price-to-earnings ratio of 7.82 and a beta of 1.13.

About Supreme

Supreme supplies products across six categories; Batteries, Lighting, Vaping, Sports Nutrition and Wellness, Branded Distribution and Soft Drinks. The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities.