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

FW Thorpe Plc (LON:TFW) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 280 ($3.62) and last traded at GBX 297 ($3.84), with a volume of 43343 shares trading hands. The stock had previously closed at GBX 297 ($3.84).

FW Thorpe Stock Performance

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 business has a 50 day simple moving average of GBX 303.44 and a two-hundred day simple moving average of GBX 318.48. The stock has a market cap of £349.91 million, a price-to-earnings ratio of 14.39 and a beta of 0.61.

FW Thorpe (LON:TFW) last announced its quarterly earnings data 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 firm also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 20th will be issued a dividend of GBX 1.76 ($0.02) per share. 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 33.91%.

FW Thorpe Company Profile

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.