FW Thorpe (LON:TFW) Hits New 1-Year Low – Here’s What Happened

FW Thorpe Plc (LON:TFW)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 280 ($3.61) and last traded at GBX 290 ($3.74), with a volume of 355917 shares traded. The stock had previously closed at GBX 294 ($3.79).

FW Thorpe Stock Performance

The stock has a market cap of £341.66 million, a P/E ratio of 14.05 and a beta of 0.61. The company has a current ratio of 3.16, a quick ratio of 1.98 and a debt-to-equity ratio of 2.36. The stock has a 50 day simple moving average of GBX 301.85 and a 200 day simple moving average of GBX 314.85.

FW Thorpe (LON:TFW) last issued its earnings results on Thursday, March 6th. The company reported GBX 7.65 ($0.10) earnings per share for the quarter. FW Thorpe had a return on equity of 14.28% and a net margin of 13.83%.

FW Thorpe Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, March 20th will be issued a GBX 1.76 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 0.62%. FW Thorpe’s dividend payout ratio (DPR) is currently 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.