FW Thorpe (LON:TFW) Stock Jumps 2.3% – Here’s Why

FW Thorpe Plc (LON:TFW) rose 2.3% during trading on Thursday. The stock traded as high as GBX 262 and last traded at GBX 262. 10,750 shares traded hands during trading, a decline of 84% from the average session volume of 67,299 shares. The stock had previously closed at GBX 256.

FW Thorpe Stock Up 2.3%

The company’s 50 day moving average price is GBX 258.11 and its two-hundred day moving average price is GBX 258.27. The company has a current ratio of 3.95, a quick ratio of 1.98 and a debt-to-equity ratio of 3.52. The stock has a market cap of £293.60 million, a P/E ratio of 11.05 and a beta of 0.43.

FW Thorpe (LON:TFW) last posted its quarterly earnings data on Thursday, October 1st. The company reported GBX 23.72 earnings per share (EPS) for the quarter. FW Thorpe had a net margin of 15.65% and a return on equity of 14.19%.

FW Thorpe Company Profile

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.