Warpaint London (LON:W7L) Trading 10.3% Higher Following Dividend Announcement

Warpaint London PLC (LON:W7LGet Free Report)’s stock price rose 10.3% on Tuesday after the company announced a dividend. The company traded as high as GBX 569 ($7.52) and last traded at GBX 569 ($7.52). Approximately 471,915 shares traded hands during trading, an increase of 83% from the average daily volume of 257,679 shares. The stock had previously closed at GBX 516 ($6.82).

The newly announced dividend which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th will be given a GBX 3.50 ($0.05) dividend. This represents a dividend yield of 0.68%. The ex-dividend date is Thursday, November 7th. Warpaint London’s dividend payout ratio is currently 5,000.00%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on W7L shares. Shore Capital reissued a “house stock” rating on shares of Warpaint London in a research note on Wednesday, June 26th. Berenberg Bank reissued a “buy” rating and issued a GBX 580 ($7.66) target price on shares of Warpaint London in a research report on Wednesday, June 12th.

Read Our Latest Report on W7L

Warpaint London Trading Up 6.2 %

The company has a debt-to-equity ratio of 11.64, a quick ratio of 1.56 and a current ratio of 3.65. The firm has a market capitalization of £425.41 million, a price-to-earnings ratio of 3,044.44 and a beta of 0.60. The business has a fifty day moving average price of GBX 581.19 and a 200 day moving average price of GBX 518.91.

Insider Buying and Selling at Warpaint London

In other news, insider Keith Sadler sold 11,950 shares of the firm’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of GBX 595 ($7.86), for a total value of £71,102.50 ($93,926.68). 41.51% of the stock is owned by company insiders.

Warpaint London Company Profile

(Get Free Report)

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.

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