FW Thorpe (LON:TFW) Shares Up 1.3% – Here’s What Happened

FW Thorpe Plc (LON:TFW) was up 1.3% during trading on Friday . The stock traded as high as GBX 320 ($4.03) and last traded at GBX 320 ($4.03). Approximately 11,762 shares changed hands during trading, a decline of 66% from the average daily volume of 35,088 shares. The stock had previously closed at GBX 316 ($3.98).

FW Thorpe Price Performance

The business’s fifty day moving average price is GBX 328 and its 200 day moving average price is GBX 339.33. The company has a debt-to-equity ratio of 5.97, a current ratio of 2.52 and a quick ratio of 1.98. The stock has a market cap of £375.65 million, a P/E ratio of 1,523.81 and a beta of 0.61.

FW Thorpe Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 24th were given a GBX 7.58 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a yield of 2.44%. This is a positive change from FW Thorpe’s previous dividend of $1.70. FW Thorpe’s dividend payout ratio (DPR) is currently 3,333.33%.

About FW Thorpe

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.