Warpaint London (LON:W7L) Receives House Stock Rating from Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Warpaint London (LON:W7L) in a research note published on Wednesday, MarketBeat.com reports.

Separately, Berenberg Bank began coverage on Warpaint London in a research note on Wednesday, April 17th. They set a buy rating and a GBX 550 ($6.79) price objective on the stock.

Warpaint London Stock Performance

LON W7L opened at GBX 472.50 ($5.84) on Wednesday. The stock’s fifty day moving average is GBX 412.62 and its two-hundred day moving average is GBX 372.55. The firm has a market capitalization of £365.05 million, a P/E ratio of 4,295.45 and a beta of 0.73. The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.56 and a current ratio of 3.53. Warpaint London has a fifty-two week low of GBX 214.70 ($2.65) and a fifty-two week high of GBX 506 ($6.25).

Warpaint London Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, June 13th will be paid a GBX 6 ($0.07) dividend. This represents a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, June 13th. This is a positive change from Warpaint London’s previous dividend of $3.00. Warpaint London’s dividend payout ratio is 7,272.73%.

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.