FW Thorpe (LON:TFW) Shares Down 0.3% - Here's Why

Key Points

• FW Thorpe Plc's stock price decreased by 0.3% to GBX 294 ($3.94) with a notable drop in trading volume, down 80% from its average daily volume.
• The company's market capitalization stands at £341.81 million with a high P/E ratio of 1,395.35 and a debt-to-equity ratio of 2.36.
• FW Thorpe specializes in designing and manufacturing professional lighting systems and emphasizes long-term growth through market-leading products and customer service.

FW Thorpe Plc (LON:TFW - )'s stock price dropped 0.3% during trading on Friday . The stock traded as low as GBX 293.13 ($3.93) and last traded at GBX 294 ($3.94). Approximately 9,885 shares were traded during trading, a decline of 80% from the average daily volume of 48,645 shares. The stock had previously closed at GBX 295 ($3.95).

FW Thorpe Price Performance

The company has a market capitalization of £341.81 million, a P/E ratio of 1,395.35 and a beta of 0.61. The firm's fifty day moving average is GBX 311.57 and its 200 day moving average is GBX 304.70. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.98 and a current ratio of 3.16.

About FW Thorpe

We specialise in designing and manufacturing professional lighting systems. We currently employ over 900 people and although each company works autonomously, our skills and markets are complementary. We focus on long-term growth and stability, achieved by delivering market-leading products, backed by excellent customer service. Across the Group we work in a number of different sectors and various geographical territories.

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