Dewhurst Group (LON:DWHT) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• Dewhurst Group's shares have fallen below their 200-day moving average of GBX 935.67, trading as low as GBX 745 on Monday.
• The company reported a P/E ratio of 6.42 and a net margin of 8.54% in its latest quarterly earnings data.
• Dewhurst Group holds a market capitalization of £52.12 million and operates internationally within the electrical components and control equipment sector.

Dewhurst Group Plc (LON:DWHT - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 935.67 ($12.64) and traded as low as GBX 745 ($10.06). Dewhurst Group shares last traded at GBX 762 ($10.29), with a volume of 11,248 shares.

Dewhurst Group Price Performance

The firm has a market cap of £46.87 million, a price-to-earnings ratio of 865.10 and a beta of 0.54. 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 50 day moving average of GBX 779.51 and a 200 day moving average of GBX 925.18.

Dewhurst Group (LON:DWHT - Get Free Report) last issued its quarterly earnings data on Wednesday, June 18th. The company reported GBX 36.39 EPS for the quarter. Dewhurst Group had a return on equity of 8.43% and a net margin of 8.54%. Equities research analysts predict that Dewhurst Group Plc will post 99.7495826 EPS for the current fiscal year.

About Dewhurst Group

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.