FW Thorpe (LON:TFW) Trading 1.6% Higher – What’s Next?

FW Thorpe Plc (LON:TFW)’s share price was up 1.6% on Tuesday . The stock traded as high as GBX 260.02 and last traded at GBX 257. Approximately 104,594 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 86,407 shares. The stock had previously closed at GBX 253.

FW Thorpe Stock Down 3.4%

The business has a 50-day moving average price of GBX 263.73 and a 200-day moving average price of GBX 278.75. The company has a market capitalization of £286.71 million, a price-to-earnings ratio of 11.64 and a beta of 0.44. The company has a quick ratio of 1.98, a current ratio of 3.31 and a debt-to-equity ratio of 2.65.

FW Thorpe (LON:TFW) last posted 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%.

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.