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

Shares of Dewhurst Group Plc (LON:DWHT) crossed below its 200-day moving average during trading on Monday . The stock has a 200-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 firm’s fifty day simple moving average is GBX 1,095.05 and its 200 day simple moving average is GBX 1,104. The company has a debt-to-equity ratio of 3.94, a current ratio of 4.36 and a quick ratio of 3.69. The company has a market capitalization of £68.78 million, a price-to-earnings ratio of 8.47 and a beta of 0.54.

Dewhurst Group Increases Dividend

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