Dewhurst Group (LON:DWHT) Stock Passes Below 200-Day Moving Average – Should You Sell?

Dewhurst Group Plc (LON:DWHT) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,129.65 ($14.03) and traded as low as GBX 1,120 ($13.91). Dewhurst Group shares last traded at GBX 1,120 ($13.91), with a volume of 669 shares trading hands.

Dewhurst Group Price Performance

The company has a market capitalization of £49.62 million, a price-to-earnings ratio of 1,777.78 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. The company has a 50 day moving average price of GBX 1,072.84 and a 200 day moving average price of GBX 1,129.65.

Dewhurst Group (LON:DWHT) last posted its quarterly earnings results on Thursday, December 12th. The company reported GBX 66.58 ($0.83) EPS for the quarter. Dewhurst Group had a return on equity of 8.75% and a net margin of 8.54%. As a group, equities research analysts forecast that Dewhurst Group Plc will post 99.7495826 earnings per share for the current year.

Dewhurst Group Increases Dividend

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

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.