Warpaint London (LON:W7L) Earns “House Stock” Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of Warpaint London (LON:W7L) in a report issued on Wednesday morning, MarketBeat.com reports.

Separately, Berenberg Bank initiated coverage on Warpaint London in a research note on Wednesday, April 17th. They set a buy rating and a GBX 550 ($6.79) target price for the company.

Warpaint London Price Performance

W7L stock opened at GBX 472.50 ($5.84) on Wednesday. The business has a fifty day moving average of GBX 412.62 and a two-hundred day moving average of GBX 372.95. The company has a quick ratio of 1.56, a current ratio of 3.53 and a debt-to-equity ratio of 12.49. The stock has a market cap of £365.05 million, a price-to-earnings ratio of 4,295.45 and a beta of 0.73. Warpaint London has a 52-week low of GBX 214.70 ($2.65) and a 52-week high of GBX 506 ($6.25).

Warpaint London Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, June 13th will be paid a dividend of GBX 6 ($0.07) per share. This is a boost from Warpaint London’s previous dividend of $3.00. The ex-dividend date is Thursday, June 13th. This represents a yield of 1.28%. Warpaint London’s dividend payout ratio (DPR) is 7,272.73%.

About Warpaint London

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.