Dewhurst Group (LON:DWHT) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Dewhurst Group Plc (LON:DWHT) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,112.63 ($14.04) and traded as low as GBX 1,051.40 ($13.27). Dewhurst Group shares last traded at GBX 1,116.50 ($14.09), with a volume of 566 shares traded.

Dewhurst Group Trading Up 5.5 %

The company has a debt-to-equity ratio of 3.94, a current ratio of 4.36 and a quick ratio of 3.69. The company has a market cap of £74.13 million, a PE ratio of 9.13 and a beta of 0.54. The company’s 50 day simple moving average is GBX 1,069.85 and its two-hundred day simple moving average is GBX 1,112.63.

Dewhurst Group (LON:DWHT) last posted its quarterly earnings data on Thursday, December 12th. The company reported GBX 66.58 ($0.84) EPS for the quarter. Dewhurst Group had a net margin of 8.54% and a return on equity of 8.43%. As a group, sell-side analysts anticipate that Dewhurst Group Plc will post 99.7495826 EPS for the current fiscal year.

Dewhurst Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Thursday, January 16th will be paid a GBX 11.50 ($0.15) dividend. This is a positive change from Dewhurst Group’s previous dividend of $5.00. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 1.05%. Dewhurst Group’s dividend payout ratio (DPR) is presently 13.08%.

About Dewhurst Group

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.