Dewhurst Group (LON:DWHT) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Dewhurst Group Plc (LON:DWHT) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,111.16 ($14.39) and traded as low as GBX 1,100 ($14.25). Dewhurst Group shares last traded at GBX 1,131 ($14.65), with a volume of 17 shares changing hands.

Dewhurst Group Stock Performance

The stock’s 50-day moving average is GBX 1,096.15 and its 200-day moving average is GBX 1,111.16. 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 stock has a market cap of £75.09 million, a price-to-earnings ratio of 9.25 and a beta of 0.54.

Dewhurst Group (LON:DWHT) last released its earnings results on Thursday, December 12th. The company reported GBX 66.58 ($0.86) earnings per share for the quarter. Dewhurst Group had a return on equity of 8.43% and a net margin of 8.54%. Analysts anticipate that Dewhurst Group Plc will post 99.7495826 EPS for the current fiscal year.

Dewhurst Group Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 26th. Investors of record on Thursday, January 16th were given a GBX 11.50 ($0.15) dividend. The ex-dividend date was Thursday, January 16th. This is a boost from Dewhurst Group’s previous dividend of $5.00. This represents a dividend yield of 1.05%. Dewhurst Group’s dividend payout ratio (DPR) is currently 13.08%.

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.