Warpaint London (LON:W7L) Shares Down 0.2% – Time to Sell?

Warpaint London PLC (LON:W7L) fell 0.2% during mid-day trading on Wednesday . The company traded as low as GBX 514.20 ($6.73) and last traded at GBX 515 ($6.74). 94,386 shares changed hands during trading, a decline of 64% from the average session volume of 261,200 shares. The stock had previously closed at GBX 516 ($6.75).

Analysts Set New Price Targets

A number of brokerages recently issued reports on W7L. Berenberg Bank increased their price target on shares of Warpaint London from GBX 580 ($7.59) to GBX 680 ($8.90) and gave the stock a “buy” rating in a report on Tuesday, September 17th. Shore Capital reiterated a “house stock” rating on shares of Warpaint London in a research report on Wednesday, June 26th.

Warpaint London Trading Up 0.6 %

The company’s 50 day simple moving average is GBX 557.52 and its two-hundred day simple moving average is GBX 535.14. The company has a debt-to-equity ratio of 9.59, a current ratio of 3.46 and a quick ratio of 1.56. The company has a market cap of £398.03 million, a PE ratio of 2,327.27 and a beta of 0.60.

Warpaint London Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 7th will be issued a GBX 3.50 ($0.05) dividend. The ex-dividend date is Thursday, November 7th. This represents a yield of 0.68%. Warpaint London’s dividend payout ratio (DPR) is 4,545.45%.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.