FW Thorpe (LON:TFW) Stock Price Down 2.2% - What's Next?

FW Thorpe Plc (LON:TFW - Get Free Report) was down 2.2% during mid-day trading on Thursday . The company traded as low as GBX 326.66 ($4.16) and last traded at GBX 330.50 ($4.21). Approximately 22,083 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 35,558 shares. The stock had previously closed at GBX 338 ($4.31).

FW Thorpe Stock Performance

The firm has a 50 day moving average of GBX 327.87 and a 200-day moving average of GBX 344.16. The company has a market cap of £382.69 million, a P/E ratio of 1,552.38 and a beta of 0.61. The company has a quick ratio of 1.98, a current ratio of 2.52 and a debt-to-equity ratio of 5.97.

FW Thorpe Increases Dividend

The company also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, October 24th were given a dividend of GBX 7.58 ($0.10) per share. This is an increase from FW Thorpe's previous dividend of $1.70. The ex-dividend date of this dividend was Thursday, October 24th. This represents a dividend yield of 2.44%. FW Thorpe's dividend payout ratio is presently 3,333.33%.

FW Thorpe Company Profile

FW Thorpe Plc, together with its subsidiaries, designs, manufactures, and supplies professional lighting equipment in the United Kingdom, the Netherlands, Germany, rest of Europe, and internationally. The company offers professional lighting and control systems, including recessed, surface, and suspended luminaires; emergency lighting systems; hazardous area lighting; high and low bay luminaires; lighting controls; and exterior lighting products for commercial, industrial, education, healthcare, manufacturing, retail, display, and hospitality markets.