Swiss Water Decaffeinated Coffee Dips Amid Mixed Market Close

Swiss Water Decaffeinated Coffee Dips Amid Mixed Market Close

Shares of Swiss Water Decaffeinated Coffee Inc (SWP.TO) opened at $3.75 and closed at $3.71, marking a slight -1.07% decline from the previous day's close. The intraday trading range was narrow, fluctuating between $3.71 and $3.75. The Toronto Stock Exchange (TSX) saw a relatively active day with 3,285 stocks advancing and 1,877 declining. Major indices across North America showed mixed results: the TSX Composite gained 0.76%, the S&P 500 edged up 0.15%, the Dow Jones Industrial Average rose 0.36%, and the Nasdaq Composite increased by 0.17%.

Swiss Water Decaffeinated Coffee Inc, which is traded under the ticker SWP on the TSX, saw 930 shares change hands over six trades, significantly below its five-day average volume of 2,524 shares. Over the past 52 weeks, the company’s share price has ranged from a low of $2.40 to a high of $4.29. Year-to-date, the stock has appreciated by 33.45%, contributing to a 28.37% gain over the past year. The company recently declared a $0.06 dividend, payable in mid-January.

Despite the recent gains, the company holds a market capitalization of $35.48 million, with an annual earnings per share (EPS) of -$0.08. Analysts at Zacks have given the stock a "Strong Sell" rating. The article is produced by AI technology, which summarizes and analyzes market data for publication.

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