FW Thorpe (LON:TFW) Trading Down 3.7% – Should You Sell?

FW Thorpe Plc (LON:TFW) was down 3.7% on Thursday . The stock traded as low as GBX 340 ($4.28) and last traded at GBX 340 ($4.28). Approximately 6,559 shares changed hands during trading, a decline of 82% from the average daily volume of 35,496 shares. The stock had previously closed at GBX 353 ($4.45).

FW Thorpe Trading Up 5.3 %

The company has a quick ratio of 1.98, a current ratio of 2.52 and a debt-to-equity ratio of 5.97. The company has a fifty day moving average of GBX 329.60 and a two-hundred day moving average of GBX 350.36. The stock has a market capitalization of £420.26 million, a price-to-earnings ratio of 1,704.76 and a beta of 0.61.

FW Thorpe Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 24th will be issued a dividend of GBX 7.58 ($0.10) per share. The ex-dividend date is Thursday, October 24th. This is an increase from FW Thorpe’s previous dividend of $1.70. This represents a dividend yield of 2.44%. 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.