Warpaint London (LON:W7L) Shares Up 4.1% – Time to Buy?

Warpaint London PLC (LON:W7L)’s stock price traded up 4.1% during trading on Wednesday . The stock traded as high as GBX 531 ($6.89) and last traded at GBX 512 ($6.64). 1,150,927 shares changed hands during mid-day trading, an increase of 340% from the average session volume of 261,331 shares. The stock had previously closed at GBX 492 ($6.38).

Wall Street Analyst Weigh In

Separately, Berenberg Bank boosted their price objective on Warpaint London from GBX 580 ($7.52) to GBX 680 ($8.82) and gave the stock a “buy” rating in a research report on Tuesday, September 17th.

Warpaint London Price Performance

The firm has a market capitalization of £398.03 million, a P/E ratio of 2,327.27 and a beta of 0.60. The business’s fifty day moving average is GBX 545.09 and its 200 day moving average is GBX 546.90. The company has a current ratio of 3.46, a quick ratio of 1.56 and a debt-to-equity ratio of 9.59.

Warpaint London Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th will be issued a GBX 3.50 ($0.05) dividend. The ex-dividend date is Thursday, November 7th. This represents a dividend yield of 0.68%. Warpaint London’s dividend payout ratio is currently 4,545.45%.

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.