FW Thorpe (LON:TFW) Stock Price Down 3.7% – What’s Next?

FW Thorpe Plc (LON:TFW)’s share price fell 3.7% on Thursday . The stock traded as low as GBX 340 ($4.38) and last traded at GBX 340 ($4.38). 6,559 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 35,496 shares. The stock had previously closed at GBX 353 ($4.54).

FW Thorpe Trading Down 3.7 %

The firm has a market cap of £399.13 million, a PE ratio of 1,619.05 and a beta of 0.61. The company has a debt-to-equity ratio of 5.97, a current ratio of 2.52 and a quick ratio of 1.98. The business has a 50-day moving average price of GBX 330 and a two-hundred day moving average price of GBX 351.07.

FW Thorpe Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 24th will be issued a GBX 7.58 ($0.10) dividend. This represents a dividend yield of 2.44%. The ex-dividend date is Thursday, October 24th. This is an increase from FW Thorpe’s previous dividend of $1.70. FW Thorpe’s dividend payout ratio is 3,333.33%.

FW Thorpe Company Profile

FW Thorpe Plc, together with its subsidiaries, designs, manufactures, and supplies professional lighting equipment in the United Kingdom, the Netherlands, Germany, rest of Europe, and internationally. The company offers professional lighting and control systems, including recessed, surface, and suspended luminaires; emergency lighting systems; hazardous area lighting; high and low bay luminaires; lighting controls; and exterior lighting products for commercial, industrial, education, healthcare, manufacturing, retail, display, and hospitality markets.