FW Thorpe (LON:TFW) Trading Down 1% – Time to Sell?

FW Thorpe Plc (LON:TFW)’s share price fell 1% during trading on Thursday . The stock traded as low as GBX 256.79 and last traded at GBX 260. Approximately 30,641 shares changed hands during trading, a decline of 56% from the average daily volume of 69,697 shares. The stock had previously closed at GBX 262.50.

FW Thorpe Stock Performance

The firm has a market capitalization of £291.36 million, a P/E ratio of 11.87 and a beta of 0.43. The business’s 50 day simple moving average is GBX 257.56 and its two-hundred day simple moving average is GBX 260.80. The company has a current ratio of 3.31, a quick ratio of 1.98 and a debt-to-equity ratio of 2.65.

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.