Dewhurst Group (LON:DWHT) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Dewhurst Group Plc (LON:DWHT) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,153.24 ($14.51) and traded as low as GBX 1,001 ($12.60). Dewhurst Group shares last traded at GBX 1,001 ($12.60), with a volume of 2 shares.

Dewhurst Group Price Performance

The firm has a 50-day simple moving average of GBX 1,091.90 and a 200 day simple moving average of GBX 1,153.24. The firm has a market cap of £44.34 million, a PE ratio of 1,588.89 and a beta of 0.54. The company has a debt-to-equity ratio of 4.19, a current ratio of 5.22 and a quick ratio of 3.69.

Dewhurst Group Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Thursday, January 16th will be given a GBX 11.50 ($0.14) dividend. This is a positive change from Dewhurst Group’s previous dividend of $5.00. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, January 16th. Dewhurst Group’s dividend payout ratio is presently 2,539.68%.

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.