Dewhurst Group (LON:DWHT) Hits New 1-Year Low - Here's What Happened

Shares of Dewhurst Group Plc (LON:DWHT - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as GBX 500 ($6.39) and last traded at GBX 950 ($12.14), with a volume of 221 shares traded. The stock had previously closed at GBX 1,000 ($12.78).

Dewhurst Group Stock Up 5.0 %

The firm's fifty day simple moving average is GBX 1,070.75 and its two-hundred day simple moving average is GBX 1,096.50. The company has a current ratio of 4.36, a quick ratio of 3.69 and a debt-to-equity ratio of 3.94. The company has a market capitalization of £67.99 million, a price-to-earnings ratio of 8.37 and a beta of 0.54.

Dewhurst Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 26th. Investors of record on Thursday, January 16th were given a GBX 11.50 ($0.15) dividend. This represents a yield of 1.05%. This is a positive change from Dewhurst Group's previous dividend of $5.00. The ex-dividend date was Thursday, January 16th. Dewhurst Group's dividend payout ratio is presently 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.