Dewhurst Group (LON:DWHT) Sets New 12-Month Low – Time to Sell?

Dewhurst Group Plc (LON:DWHT)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 500 ($6.45) and last traded at GBX 950 ($12.25), with a volume of 221 shares changing hands. The stock had previously closed at GBX 1,000 ($12.89).

Dewhurst Group Stock Performance

The stock’s 50-day moving average price is GBX 1,082.19 and its 200-day moving average price is GBX 1,100.73. The company has a market capitalization of £63.07 million, a price-to-earnings ratio of 7.77 and a beta of 0.54. The company has a debt-to-equity ratio of 3.94, a quick ratio of 3.69 and a current ratio of 4.36.

Dewhurst Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 26th. Investors of record on Thursday, January 16th were issued a dividend of GBX 11.50 ($0.15) per share. The ex-dividend date of this dividend was Thursday, January 16th. This is a boost from Dewhurst Group’s previous dividend of $5.00. This represents a yield of 1.05%. Dewhurst Group’s payout ratio is currently 13.08%.

About Dewhurst Group

Dewhurst Group Plc manufactures and sells electrical components and control equipment for industrial and commercial capital goods in the United Kingdom, Europe, the Americas, Asia, Australia, and internationally. The company's products portfolio includes accessories; auxiliaries; destination controls; displays, such as dot matrix displays, LCD displays, touch panel, and accessories; fixtures; hidden legends; hygiene plus products; key switches; keypads; lanterns and gongs; pushbuttons; and switching ranges.