FW Thorpe (LON:TFW) Trading Down 1.1% - Here's Why

Key Points

• FW Thorpe Plc's stock price decreased by 1.1% during trading, falling to GBX 309 ($4.18) from a previous close of GBX 312.50 ($4.23).
• The trading volume dropped significantly to approximately 9,834 shares, which is 80% lower than the average daily volume of 49,197 shares.
• FW Thorpe has a market capitalization of £364.05 million and operates with a price-to-earnings ratio of 14.97, indicating stable long-term growth strategies in professional lighting systems.

FW Thorpe Plc (LON:TFW - )'s stock price dropped 1.1% during mid-day trading on Thursday . The stock traded as low as GBX 303.18 ($4.10) and last traded at GBX 309 ($4.18). Approximately 9,834 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 49,197 shares. The stock had previously closed at GBX 312.50 ($4.23).

FW Thorpe Price Performance

The firm has a market capitalization of £364.05 million, a price-to-earnings ratio of 14.97 and a beta of 0.61. The company's 50 day moving average is GBX 323.93 and its 200-day moving average is GBX 306.22. The company has a current ratio of 3.16, a quick ratio of 1.98 and a debt-to-equity ratio of 2.36.

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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