Warpaint London’s (W7L) House Stock Rating Reiterated at Shore Capital

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

Separately, Berenberg Bank started coverage on shares of Warpaint London in a report on Wednesday, April 17th. They issued a buy rating and a GBX 550 ($6.79) price target for the company.

Warpaint London Stock Up 0.1 %

Shares of LON:W7L opened at GBX 490.50 ($6.06) on Wednesday. The firm has a fifty day moving average price of GBX 409.23 and a two-hundred day moving average price of GBX 370.64. The company has a debt-to-equity ratio of 12.49, a current ratio of 3.53 and a quick ratio of 1.56. Warpaint London has a one year low of GBX 199.52 ($2.46) and a one year high of GBX 506 ($6.25). The company has a market cap of £378.96 million, a price-to-earnings ratio of 4,454.55 and a beta of 0.73.

Warpaint London Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, June 13th will be issued a dividend of GBX 6 ($0.07) per share. This is an increase from Warpaint London’s previous dividend of $3.00. This represents a dividend yield of 1.28%. The ex-dividend date is Thursday, June 13th. Warpaint London’s payout ratio is currently 7,272.73%.

About Warpaint London

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.