Dewhurst Group (LON:DWHT) Shares Cross Below 200-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) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 changing hands.

Dewhurst Group Stock Down 22.3%

The business's fifty day moving average is GBX 782.43 and its two-hundred day moving average is GBX 930.94. The company has a market cap of £42.03 million, a P/E ratio of 5.17 and a beta of 0.54. The company has a debt-to-equity ratio of 3.94, a quick ratio of 3.69 and a current ratio of 4.36.

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

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.