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

Shares of Dewhurst Group Plc (LON:DWHT) passed 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 trading hands.

Dewhurst Group Price Performance

The firm’s fifty day moving average price is GBX 1,068.55 and its 200 day moving average price is GBX 1,111.60. The firm has a market capitalization of £74.13 million, a PE ratio of 9.13 and a beta of 0.54. The company has a current ratio of 4.36, a quick ratio of 3.69 and a debt-to-equity ratio of 3.94.

Dewhurst Group (LON:DWHT) last announced its quarterly earnings results on Thursday, December 12th. The company reported GBX 66.58 ($0.84) earnings per share (EPS) for the quarter. Dewhurst Group had a net margin of 8.54% and a return on equity of 8.43%. As a group, equities 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. Investors of record on Thursday, January 16th will be issued a dividend of GBX 11.50 ($0.14) per share. The ex-dividend date is Thursday, January 16th. This is an increase from Dewhurst Group’s previous dividend of $5.00. This represents a yield of 1.05%. Dewhurst Group’s dividend payout ratio is 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.