Warpaint London (LON:W7L) Trading 4.1% Higher – What’s Next?

Shares of Warpaint London PLC (LON:W7L) were up 4.1% during trading on Wednesday . The company traded as high as GBX 531 ($6.89) and last traded at GBX 512 ($6.64). Approximately 1,150,927 shares traded hands during trading, an increase of 340% from the average daily volume of 261,331 shares. The stock had previously closed at GBX 492 ($6.38).

Analyst Ratings Changes

Separately, Berenberg Bank raised their target price on shares of Warpaint London from GBX 580 ($7.52) to GBX 680 ($8.82) and gave the stock a “buy” rating in a report on Tuesday, September 17th.

Warpaint London Stock Performance

The firm’s 50-day simple moving average is GBX 545.09 and its two-hundred day simple moving average is GBX 546.90. The stock has a market capitalization of £398.03 million, a PE ratio of 2,327.27 and a beta of 0.60. The company has a current ratio of 3.46, a quick ratio of 1.56 and a debt-to-equity ratio of 9.59.

Warpaint London Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 7th will be issued a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date is Thursday, November 7th. This represents a dividend yield of 0.68%. Warpaint London’s dividend payout ratio is 4,545.45%.

Warpaint London Company Profile

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.