Warpaint London (LON:W7L) Stock Price Down 12.3% – Here’s What Happened

Warpaint London PLC (LON:W7L)’s share price dropped 12.3% on Wednesday. The stock traded as low as GBX 190 and last traded at GBX 196.40. Approximately 1,808,006 shares changed hands during trading, an increase of 384% from the average session volume of 373,469 shares. The stock had previously closed at GBX 224.

Analyst Upgrades and Downgrades

W7L has been the subject of several recent analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 425 price target on shares of Warpaint London in a research note on Wednesday. Shore Capital Group restated a “house stock” rating on shares of Warpaint London in a research note on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 432.50.

Warpaint London Trading Up 1.0%

The company has a debt-to-equity ratio of 11.51, a current ratio of 4.15 and a quick ratio of 1.56. The business has a fifty day moving average of GBX 208.83 and a 200-day moving average of GBX 202.67. The stock has a market capitalization of £159.00 million, a price-to-earnings ratio of 11.22 and a beta of 0.43.

Warpaint London (LON:W7L) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 4.50 earnings per share for the quarter. Warpaint London had a net margin of 12.96% and a return on equity of 15.76%. On average, equities analysts anticipate that Warpaint London PLC will post 25.1837335 earnings per share for the current fiscal year.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services. Warpaint London PLC sells its products to retailers, distributors, supermarkets, and retail chains, as well as through online. The company operates in the United Kingdom, rest of Europe, Spain, Denmark, the United States, Australia, New Zealand, and internationally.