Dewhurst Group (LON:DWHT) Sets New 52-Week Low – Here’s What Happened

Dewhurst Group Plc (LON:DWHT)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 500 ($6.45) and last traded at GBX 950 ($12.25), with a volume of 221 shares trading hands. The stock had previously closed at GBX 1,000 ($12.89).

Dewhurst Group Stock Performance

The company has a quick ratio of 3.69, a current ratio of 4.36 and a debt-to-equity ratio of 3.94. The stock has a fifty day moving average price of GBX 1,082.19 and a 200-day moving average price of GBX 1,100.73. The firm has a market cap of £63.07 million, a price-to-earnings ratio of 7.77 and a beta of 0.54.

Dewhurst Group Increases Dividend

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