Dewhurst Group (LON:DWHT) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Dewhurst Group Plc (LON:DWHT)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 808 and traded as high as GBX 900. Dewhurst Group shares last traded at GBX 810, with a volume of 3,756 shares.

Dewhurst Group Price Performance

The business has a 50-day simple moving average of GBX 810 and a two-hundred day simple moving average of GBX 808. The company has a quick ratio of 3.69, a current ratio of 3.84 and a debt-to-equity ratio of 3.53. The stock has a market capitalization of £62.65 million, a price-to-earnings ratio of 1,156.32 and a beta of 0.54.

About Dewhurst Group

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.