Dewhurst Group (LON:DWHT) Share Price Passes Above Two Hundred Day Moving Average of $1,062.58

Shares of Dewhurst Group Plc (LON:DWHT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,062.58 ($13.67) and traded as high as GBX 1,184 ($15.23). Dewhurst Group shares last traded at GBX 1,125 ($14.47), with a volume of 3,110 shares.

Dewhurst Group Stock Down 10.0 %

The stock has a market cap of £49.84 million, a price-to-earnings ratio of 1,814.52 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. The stock has a fifty day moving average of GBX 1,222.48 and a two-hundred day moving average of GBX 1,064.94.

Dewhurst Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, August 13th. Investors of record on Thursday, July 18th will be issued a GBX 5 ($0.06) dividend. This represents a yield of 0.42%. The ex-dividend date is Thursday, July 18th. Dewhurst Group’s 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.