FW Thorpe (LON:TFW) Sets New 12-Month Low – Time to Sell?

FW Thorpe Plc (LON:TFW) hit a new 52-week low on Monday . The company traded as low as GBX 286.55 ($3.73) and last traded at GBX 286.55 ($3.73), with a volume of 106285 shares trading hands. The stock had previously closed at GBX 297 ($3.86).

FW Thorpe Trading Up 0.6 %

The business’s 50 day moving average is GBX 304.38 and its two-hundred day moving average is GBX 320.68. The company has a quick ratio of 1.98, a current ratio of 3.16 and a debt-to-equity ratio of 2.36. The firm has a market capitalization of £336.72 million, a P/E ratio of 13.84 and a beta of 0.61.

FW Thorpe (LON:TFW) last issued its quarterly earnings data on Thursday, March 6th. The company reported GBX 7.65 ($0.10) earnings per share for the quarter. FW Thorpe had a net margin of 13.83% and a return on equity of 14.28%.

FW Thorpe Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 20th will be given a GBX 1.76 ($0.02) dividend. This represents a yield of 0.62%. The ex-dividend date of this dividend is Thursday, March 20th. FW Thorpe’s dividend payout ratio (DPR) is presently 33.91%.

About FW Thorpe

We specialise in designing and manufacturing professional lighting systems.

We currently employ over 900 people and although each company works autonomously, our skills and markets are complementary.

We focus on long-term growth and stability, achieved by delivering market-leading products, backed by excellent customer service.

Across the Group we work in a number of different sectors and various geographical territories.