FW Thorpe (LON:TFW) Shares Down 0.6% – Here’s What Happened

FW Thorpe Plc (LON:TFWGet Free Report)’s stock price dropped 0.6% during mid-day trading on Friday . The company traded as low as GBX 271.96 and last traded at GBX 276.40. Approximately 210,711 shares changed hands during mid-day trading, an increase of 147% from the average daily volume of 85,399 shares. The stock had previously closed at GBX 278.

FW Thorpe Price Performance

The company’s 50-day moving average is GBX 286.17 and its 200-day moving average is GBX 303.67. The firm has a market capitalization of £312.78 million, a price-to-earnings ratio of 12.74 and a beta of 0.61. The company has a debt-to-equity ratio of 2.36, a current ratio of 3.16 and a quick ratio of 1.98.

FW Thorpe Company Profile

(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.

Further Reading

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