Dewhurst Group (LON:DWHT) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

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 ($14.00) and traded as low as GBX 1,051.40 ($13.23). Dewhurst Group shares last traded at GBX 1,116.50 ($14.05), with a volume of 566 shares traded.

Dewhurst Group Stock Performance

The company has a debt-to-equity ratio of 3.94, a quick ratio of 3.69 and a current ratio of 4.36. The stock has a market cap of £74.13 million, a P/E ratio of 9.13 and a beta of 0.54. The firm’s 50 day moving average is GBX 1,068.55 and its 200 day moving average is GBX 1,111.60.

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%. Analysts anticipate that Dewhurst Group Plc will post 99.7495826 EPS for the current year.

Dewhurst Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Thursday, January 16th will be paid a dividend of GBX 11.50 ($0.14) per share. 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 yield of 1.05%. Dewhurst Group’s dividend payout ratio 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.