Warpaint London (LON:W7L) Stock Price Up 4.1% – Here’s What Happened

Shares of Warpaint London PLC (LON:W7L) shot up 4.1% on Wednesday . The company traded as high as GBX 531 ($6.89) and last traded at GBX 512 ($6.64). 1,150,927 shares changed hands during trading, an increase of 340% from the average session volume of 261,331 shares. The stock had previously closed at GBX 492 ($6.38).

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their price objective on Warpaint London from GBX 580 ($7.52) to GBX 680 ($8.82) and gave the stock a “buy” rating in a research note on Tuesday, September 17th.

Warpaint London Stock Down 2.9 %

The company has a quick ratio of 1.56, a current ratio of 3.46 and a debt-to-equity ratio of 9.59. The business has a 50-day simple moving average of GBX 543.47 and a 200-day simple moving average of GBX 546.66. The stock has a market cap of £409.25 million, a P/E ratio of 2,396.00 and a beta of 0.60.

Warpaint London Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 7th will be issued a dividend of GBX 3.50 ($0.05) per share. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, November 7th. Warpaint London’s dividend payout ratio is currently 4,545.45%.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.