FW Thorpe (LON:TFW) Reaches New 52-Week Low – Here’s Why

FW Thorpe Plc (LON:TFW) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 280 ($3.63) and last traded at GBX 297 ($3.85), with a volume of 43343 shares trading hands. The stock had previously closed at GBX 297 ($3.85).

FW Thorpe Price Performance

The company has a debt-to-equity ratio of 2.36, a current ratio of 3.16 and a quick ratio of 1.98. The company’s 50 day simple moving average is GBX 303.12 and its 200 day simple moving average is GBX 318.11. The company has a market capitalization of £348.73 million, a PE ratio of 14.34 and a beta of 0.61.

FW Thorpe (LON:TFW) last posted its earnings results on Thursday, March 6th. The company reported GBX 7.65 ($0.10) EPS 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 company also recently declared a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, March 20th will be paid a dividend of GBX 1.76 ($0.02) per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 0.62%. FW Thorpe’s dividend payout ratio 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.