FW Thorpe (LON:TFW) Shares Down 3.7% – Time to Sell?

FW Thorpe Plc (LON:TFW)’s share price fell 3.7% during trading on Thursday . The company traded as low as GBX 340 ($4.38) and last traded at GBX 340 ($4.38). 6,559 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 35,496 shares. The stock had previously closed at GBX 353 ($4.54).

FW Thorpe Stock Down 3.7 %

The company has a debt-to-equity ratio of 5.97, a quick ratio of 1.98 and a current ratio of 2.52. The company has a market capitalization of £399.13 million, a PE ratio of 1,619.05 and a beta of 0.61. The firm’s 50-day simple moving average is GBX 330 and its 200 day simple moving average is GBX 351.07.

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 given a dividend of GBX 7.58 ($0.10) per share. This is a positive change from FW Thorpe’s previous dividend of $1.70. This represents a yield of 2.44%. The ex-dividend date of this dividend is Thursday, October 24th. FW Thorpe’s dividend payout ratio is presently 3,333.33%.

FW Thorpe Company Profile

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.