FW Thorpe (LON:TFW) Trading 1.9% Higher – Here’s Why

FW Thorpe Plc (LON:TFW)’s share price traded up 1.9% during trading on Tuesday . The stock traded as high as GBX 309.75 ($3.87) and last traded at GBX 309.69 ($3.87). 17,750 shares traded hands during trading, a decline of 56% from the average session volume of 40,648 shares. The stock had previously closed at GBX 304 ($3.79).

FW Thorpe Stock Performance

The company’s 50-day simple moving average is GBX 312.81 and its 200 day simple moving average is GBX 331.51. The stock has a market cap of £363.55 million, a P/E ratio of 1,474.71 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.

FW Thorpe Company Profile

We specialise in designing and manufacturing professional lighting systems.

We currently employ over 900 people and although each company works autonomously, our skills and markets are complementary.

We focus on long-term growth and stability, achieved by delivering market-leading products, backed by excellent customer service.

Across the Group we work in a number of different sectors and various geographical territories.