Dewhurst Group (LON:DWHT) Shares Cross Below 200-Day Moving Average – Should You Sell?

Dewhurst Group Plc (LON:DWHT) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 999.01 ($13.41) and traded as low as GBX 800 ($10.74). Dewhurst Group shares last traded at GBX 837 ($11.24), with a volume of 238 shares traded.

Dewhurst Group Trading Up 4.6%

The stock’s 50 day moving average price is GBX 886.77 and its 200-day moving average price is GBX 999.01. The company has a quick ratio of 3.69, a current ratio of 4.36 and a debt-to-equity ratio of 3.94. The stock has a market capitalization of £55.57 million, a PE ratio of 6.84 and a beta of 0.54.

Dewhurst Group (LON:DWHT) last posted its earnings results on Wednesday, June 18th. The company reported GBX 36.39 ($0.49) earnings per share for the quarter. Dewhurst Group had a net margin of 8.54% and a return on equity of 8.43%. On average, sell-side analysts expect that Dewhurst Group Plc will post 99.7495826 earnings per share for the current fiscal year.

Dewhurst Group Company Profile

Dewhurst Group Plc manufactures and sells electrical components and control equipment for industrial and commercial capital goods in the United Kingdom, Europe, the Americas, Asia, Australia, and internationally. The company's products portfolio includes accessories; auxiliaries; destination controls; displays, such as dot matrix displays, LCD displays, touch panel, and accessories; fixtures; hidden legends; hygiene plus products; key switches; keypads; lanterns and gongs; pushbuttons; and switching ranges.