FW Thorpe Plc (LON:TFW - Get Free Report)'s stock price fell 3.4% during trading on Thursday . The company traded as low as GBX 296 ($3.84) and last traded at GBX 296 ($3.84). 67,862 shares traded hands during trading, an increase of 109% from the average session volume of 32,460 shares. The stock had previously closed at GBX 306.42 ($3.98).
FW Thorpe Trading Down 3.4 %
The stock has a market cap of £347.47 million, a P/E ratio of 1,409.52 and a beta of 0.61. The company has a current ratio of 2.52, a quick ratio of 1.98 and a debt-to-equity ratio of 5.97. The business's fifty day simple moving average is GBX 337.04 and its 200 day simple moving average is GBX 355.47.
FW Thorpe Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 24th will be issued a dividend of GBX 7.58 ($0.10) per share. This is an increase from FW Thorpe's previous dividend of $1.70. This represents a yield of 2.44%. The ex-dividend date is Thursday, October 24th. FW Thorpe's dividend payout ratio (DPR) is 3,333.33%.
About FW Thorpe
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider FW Thorpe, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FW Thorpe wasn't on the list.
While FW Thorpe currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
