FW Thorpe (LON:TFW) Stock Price Up 1.3% – Should You Buy?

FW Thorpe Plc (LON:TFW)’s stock price rose 1.3% during mid-day trading on Friday . The company traded as high as GBX 320 ($4.03) and last traded at GBX 320 ($4.03). Approximately 11,762 shares were traded during trading, a decline of 66% from the average daily volume of 35,088 shares. The stock had previously closed at GBX 316 ($3.98).

FW Thorpe Stock Performance

The stock has a market cap of £375.65 million, a P/E ratio of 1,523.81 and a beta of 0.61. The company has a current ratio of 2.52, a quick ratio of 1.98 and a debt-to-equity ratio of 5.97. The stock has a 50 day simple moving average of GBX 328 and a 200 day simple moving average of GBX 339.33.

FW Thorpe Increases Dividend

The business also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, October 24th were given a GBX 7.58 ($0.10) dividend. The ex-dividend date was Thursday, October 24th. This represents a dividend yield of 2.44%. This is a boost from FW Thorpe’s previous dividend of $1.70. FW Thorpe’s dividend payout ratio (DPR) is presently 3,333.33%.

FW Thorpe Company Profile

FW Thorpe Plc, together with its subsidiaries, designs, manufactures, and supplies professional lighting equipment in the United Kingdom, the Netherlands, Germany, rest of Europe, and internationally. The company offers professional lighting and control systems, including recessed, surface, and suspended luminaires; emergency lighting systems; hazardous area lighting; high and low bay luminaires; lighting controls; and exterior lighting products for commercial, industrial, education, healthcare, manufacturing, retail, display, and hospitality markets.