FW Thorpe (LON:TFW) Shares Down 1.9% – Here’s What Happened

FW Thorpe Plc (LON:TFW) shares traded down 1.9% on Tuesday . The company traded as low as GBX 255 and last traded at GBX 255. 13,125 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 77,534 shares. The stock had previously closed at GBX 260.

FW Thorpe Trading Down 1.9%

The firm has a market cap of £286.59 million, a price-to-earnings ratio of 11.64 and a beta of 0.43. The company has a debt-to-equity ratio of 2.65, a quick ratio of 1.98 and a current ratio of 3.31. The business has a fifty day moving average of GBX 257.07 and a two-hundred day moving average of GBX 271.57.

FW Thorpe (LON:TFW) last released its quarterly earnings results on Thursday, March 5th. The company reported GBX 7.86 earnings per share for the quarter. FW Thorpe had a return on equity of 13.58% and a net margin of 14.73%.

FW Thorpe Company Profile

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.