Strix Group (LON:KETL) Trading Down 1.6% – Time to Sell?

Posted by Brenda Bartman on Jun 10th, 2026

Shares of Strix Group Plc (LON:KETL – Get Free Report) fell 1.6% during mid-day trading on Tuesday . The stock traded as low as GBX 37.35 and last traded at GBX 37.70. 2,708,957 shares were traded during mid-day trading, an increase of 201% from the average session volume of 898,777 shares. The stock had previously closed at GBX 38.30.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on KETL. Berenberg Bank reduced their target price on Strix Group from GBX 75 to GBX 70 and set a “buy” rating on the stock in a report on Tuesday, March 10th. Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 54 target price on shares of Strix Group in a report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Strix Group currently has an average rating of “Buy” and a consensus price target of GBX 56.67.

Get Our Latest Report on Strix Group

Strix Group Trading Down 1.6%

The company has a market cap of £74.64 million, a PE ratio of 11.09 and a beta of 0.93. The company has a debt-to-equity ratio of 192.67, a current ratio of 1.68 and a quick ratio of 1.19. The company has a 50-day moving average of GBX 40.50 and a 200 day moving average of GBX 42.42.

Insider Buying and Selling

In related news, insider Mark Adrian Kirkland sold 6,315 shares of Strix Group stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of GBX 43, for a total value of £2,715.45. Corporate insiders own 1.66% of the company’s stock.

Strix Group Company Profile

(Get Free Report)

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. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly.

Strix has built up market leading capability and know-how, expanding into complementary products and technologies.