Dewhurst Group (LON:DWHT) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Dewhurst Group Plc (LON:DWHT) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,105.21 ($14.35) and traded as low as GBX 962 ($12.49). Dewhurst Group shares last traded at GBX 962 ($12.49), with a volume of 861 shares changing hands.

Dewhurst Group Stock Performance

The company’s 50-day moving average price is GBX 1,095.05 and its two-hundred day moving average price is GBX 1,104. The company has a market cap of £68.78 million, a P/E ratio of 8.47 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 26th. Shareholders of record on Thursday, January 16th were given a GBX 11.50 ($0.15) dividend. This is a positive change from Dewhurst Group’s previous dividend of $5.00. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 1.05%. Dewhurst Group’s payout ratio is 13.08%.

Dewhurst Group Company Profile

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.