FW Thorpe (LON:TFW) Shares Down 6.6% – Should You Sell?

FW Thorpe Plc (LON:TFW)’s stock price was down 6.6% during trading on Tuesday . The stock traded as low as GBX 271.14 and last traded at GBX 273.28. Approximately 42,605 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 65,452 shares. The stock had previously closed at GBX 292.50.

FW Thorpe Trading Down 2.5%

The company has a market capitalization of £303.27 million, a P/E ratio of 12.36 and a beta of 0.32. The company has a debt-to-equity ratio of 2.71, a quick ratio of 1.98 and a current ratio of 3.12. The stock has a fifty day moving average of GBX 278.35 and a 200 day moving average of GBX 289.85.

FW Thorpe (LON:TFW) last issued its quarterly earnings results on Thursday, March 5th. The company reported GBX 7.86 EPS for the quarter. FW Thorpe had a return on equity of 13.88% and a net margin of 14.50%.

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. 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.