Dewhurst Group (LON:DWHT) Sets New 1-Year High at $1,350.00

Dewhurst Group Plc (LON:DWHT)’s stock price hit a new 52-week high on Friday . The company traded as high as GBX 1,350 ($17.51) and last traded at GBX 1,350 ($17.51), with a volume of 3 shares. The stock had previously closed at GBX 1,300 ($16.86).

Dewhurst Group Stock Up 3.8 %

The business has a 50-day simple moving average of GBX 1,209.98 and a two-hundred day simple moving average of GBX 1,024.37. The company has a market cap of £59.81 million, a price-to-earnings ratio of 2,177.42 and a beta of 0.53. The company has a quick ratio of 3.69, a current ratio of 5.13 and a debt-to-equity ratio of 4.41.

Dewhurst Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, August 13th. Shareholders of record on Thursday, July 18th will be given a GBX 5 ($0.06) dividend. The ex-dividend date is Thursday, July 18th. This represents a dividend yield of 0.42%. Dewhurst Group’s dividend payout ratio is currently 2,580.65%.

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.