Warpaint London’s (W7L) House Stock Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Warpaint London (LON:W7L) in a research report sent to investors on Wednesday morning, MarketBeat reports.

Separately, Berenberg Bank restated a buy rating and issued a GBX 580 ($7.36) target price on shares of Warpaint London in a research note on Wednesday, June 12th.

Warpaint London Stock Performance

Shares of LON W7L opened at GBX 618 ($7.84) on Wednesday. The business’s 50-day moving average price is GBX 519.53 and its two-hundred day moving average price is GBX 436.95. The company has a debt-to-equity ratio of 11.64, a current ratio of 3.65 and a quick ratio of 1.56. Warpaint London has a one year low of GBX 255.60 ($3.24) and a one year high of GBX 620 ($7.87). The company has a market capitalization of £477.96 million, a P/E ratio of 3,433.33 and a beta of 0.69.

Warpaint London Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, June 13th will be paid a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, June 13th. This is an increase from Warpaint London’s previous dividend of $3.00. Warpaint London’s dividend payout ratio is 5,000.00%.

Insider Transactions at Warpaint London

In other news, insider Samuel Bazini sold 3,500,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of GBX 450 ($5.71), for a total transaction of £15,750,000 ($19,979,703.16). In related news, insider Samuel Bazini sold 3,500,000 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of GBX 450 ($5.71), for a total transaction of £15,750,000 ($19,979,703.16). Also, insider Neil Rodol sold 250,000 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of GBX 485 ($6.15), for a total value of £1,212,500 ($1,538,120.01). 41.80% of the stock is currently owned by corporate insiders.

About Warpaint London

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.