Dewhurst Group (LON:DWHT) Shares Cross Below 200-Day Moving Average – What’s Next?

Dewhurst Group Plc (LON:DWHT) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,153.24 ($14.51) and traded as low as GBX 1,001 ($12.60). Dewhurst Group shares last traded at GBX 1,001 ($12.60), with a volume of 2 shares.

Dewhurst Group Stock Down 2.3 %

The business’s fifty day moving average price is GBX 1,091.90 and its 200 day moving average price is GBX 1,153.39. The firm has a market capitalization of £44.34 million, a price-to-earnings ratio of 1,588.89 and a beta of 0.54. The company has a current ratio of 5.22, a quick ratio of 3.69 and a debt-to-equity ratio of 4.19.

Dewhurst Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Thursday, January 16th will be issued a GBX 11.50 ($0.14) dividend. This represents a dividend yield of 1.05%. This is a boost from Dewhurst Group’s previous dividend of $5.00. The ex-dividend date is Thursday, January 16th. Dewhurst Group’s dividend payout ratio is presently 2,539.68%.

Dewhurst Group Company Profile

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.