FW Thorpe (LON:TFW) Stock Price Up 2.7% – What’s Next?

FW Thorpe Plc (LON:TFWGet Free Report) shares rose 2.7% on Tuesday . The stock traded as high as GBX 263 and last traded at GBX 262. Approximately 29,508 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 74,630 shares. The stock had previously closed at GBX 255.

FW Thorpe Stock Up 0.4%

The company has a current ratio of 3.31, a quick ratio of 1.98 and a debt-to-equity ratio of 2.65. The business’s 50-day simple moving average is GBX 259.17 and its 200-day simple moving average is GBX 267.21. The company has a market capitalization of £286.20 million, a PE ratio of 11.64 and a beta of 0.43.

About FW Thorpe

(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.

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