Dewhurst Group (LON:DWHT) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Dewhurst Group Plc (LON:DWHT) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.

Dewhurst Group Price Performance

The stock has a market cap of £44.34 million, a price-to-earnings ratio of 1,588.89 and a beta of 0.54. The company’s 50 day moving average is GBX 1,091.90 and its 200 day moving average is GBX 1,153.39. 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. Stockholders of record on Thursday, January 16th will be paid a dividend of GBX 11.50 ($0.14) per share. This is a positive change from Dewhurst Group’s previous dividend of $5.00. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 1.05%. Dewhurst Group’s payout ratio is 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.