Dewhurst Group (LON:DWHT) Shares Pass Above 200 Day Moving Average of $1,120.88

Dewhurst Group Plc (LON:DWHT) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,120.88 ($14.66) and traded as high as GBX 1,149.50 ($15.03). Dewhurst Group shares last traded at GBX 1,149.50 ($15.03), with a volume of 18 shares changing hands.

Dewhurst Group Price Performance

The stock’s fifty day moving average price is GBX 1,179.23 and its two-hundred day moving average price is GBX 1,121.94. The firm has a market capitalization of £49.84 million, a price-to-earnings ratio of 1,785.71 and a beta of 0.54. The company has a current ratio of 5.22, a quick ratio of 3.69 and a debt-to-equity ratio of 4.19.

Dewhurst Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, August 13th. Stockholders of record on Thursday, July 18th were issued a GBX 5 ($0.07) dividend. The ex-dividend date was Thursday, July 18th. This represents a dividend yield of 0.42%. Dewhurst Group’s payout ratio is 2,539.68%.

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.