Warpaint London (LON:W7L) Stock Price Up 2.1% – Still a Buy?

Warpaint London PLC (LON:W7L) rose 2.1% on Thursday . The stock traded as high as GBX 540 ($6.80) and last traded at GBX 536 ($6.75). Approximately 88,562 shares were traded during trading, a decline of 66% from the average daily volume of 261,000 shares. The stock had previously closed at GBX 525 ($6.61).

Wall Street Analyst Weigh In

Separately, Berenberg Bank lifted their price target on Warpaint London from GBX 580 ($7.30) to GBX 680 ($8.56) and gave the company a “buy” rating in a research report on Tuesday, September 17th.

Warpaint London Stock Up 2.1 %

The company has a quick ratio of 1.56, a current ratio of 3.46 and a debt-to-equity ratio of 9.59. The company has a fifty day simple moving average of GBX 533.06 and a 200 day simple moving average of GBX 552.79. The firm has a market capitalization of £416.69 million, a P/E ratio of 2,436.36 and a beta of 0.60.

Warpaint London Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th will be issued a GBX 3.50 ($0.04) dividend. This represents a yield of 0.68%. The ex-dividend date is Thursday, November 7th. Warpaint London’s dividend payout ratio (DPR) is 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.