Dewhurst Group (LON:DWHT) Shares Pass Below Two Hundred Day Moving Average - Here's What Happened

Dewhurst Group Plc (LON:DWHT - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,084.50 ($14.47) and traded as low as GBX 950 ($12.67). Dewhurst Group shares last traded at GBX 1,019 ($13.59), with a volume of 335 shares changing hands.

Dewhurst Group Stock Up 1.4 %

The company has a fifty day moving average price of GBX 1,054.16 and a 200-day moving average price of GBX 1,082.19. The company has a debt-to-equity ratio of 3.94, a quick ratio of 3.69 and a current ratio of 4.36. The firm has a market capitalization of £67.99 million, a PE ratio of 8.37 and a beta of 0.54.

Dewhurst Group Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 26th. Stockholders of record on Thursday, January 16th were issued a GBX 11.50 ($0.15) dividend. This represents a dividend yield of 1.05%. This is an increase from Dewhurst Group's previous dividend of $5.00. The ex-dividend date was Thursday, January 16th. Dewhurst Group's dividend payout ratio is presently 13.08%.

Dewhurst Group Company Profile

Dewhurst Group Plc manufactures and sells electrical components and control equipment for industrial and commercial capital goods in the United Kingdom, Europe, the Americas, Asia, Australia, and internationally. The company's products portfolio includes accessories; auxiliaries; destination controls; displays, such as dot matrix displays, LCD displays, touch panel, and accessories; fixtures; hidden legends; hygiene plus products; key switches; keypads; lanterns and gongs; pushbuttons; and switching ranges.