FW Thorpe (LON:TFW) Trading 1.2% Higher – What’s Next?

FW Thorpe Plc (LON:TFW) shares were up 1.2% on Thursday . The company traded as high as GBX 259 and last traded at GBX 250. 68,313 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 68,835 shares. The stock had previously closed at GBX 247.

FW Thorpe Trading Up 4.0%

The company has a market capitalization of £291.36 million, a price-to-earnings ratio of 11.87 and a beta of 0.43. The firm has a 50-day moving average price of GBX 257.62 and a 200-day moving average price of GBX 258. The company has a current ratio of 3.31, a quick ratio of 1.98 and a debt-to-equity ratio of 2.65.

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.