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

Shares of Dewhurst Group Plc (LON:DWHT) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,084.50 ($14.51) and traded as low as GBX 950 ($12.71). Dewhurst Group shares last traded at GBX 1,019 ($13.64), with a volume of 335 shares trading hands.

Dewhurst Group Trading Down 0.6 %

The firm has a market cap of £67.65 million, a PE ratio of 8.33 and a beta of 0.54. The company has a quick ratio of 3.69, a current ratio of 4.36 and a debt-to-equity ratio of 3.94. The company’s 50 day moving average price is GBX 1,058.64 and its two-hundred day moving average price is GBX 1,084.50.

Dewhurst Group Increases Dividend

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