FW Thorpe (LON:TFW) Trading Down 0.4% – What’s Next?

Shares of FW Thorpe Plc (LON:TFWGet Free Report) dropped 0.4% during trading on Wednesday . The stock traded as low as GBX 253 and last traded at GBX 253. 34,209 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 68,623 shares. The stock had previously closed at GBX 254.

FW Thorpe Trading Down 0.4%

The company’s 50 day moving average price is GBX 257.68 and its 200 day moving average price is GBX 262.72. The company has a market cap of £283.52 million, a price-to-earnings ratio of 11.55 and a beta of 0.45. The company has a debt-to-equity ratio of 2.65, a quick ratio of 1.98 and a current ratio of 3.31.

About FW Thorpe

(Get Free Report)

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. This diversified market ensures we have mitigation against any sudden fluctuations in a particular sector or region.

Customers come to us for peace of mind.

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