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

Shore Capital restated their house stock rating on shares of Warpaint London (LON:W7L) in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports.

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

Warpaint London Price Performance

W7L stock opened at GBX 490.50 ($6.06) on Wednesday. The stock has a 50-day moving average price of GBX 409.23 and a two-hundred day moving average price of GBX 370.64. The stock has a market cap of £378.96 million, a PE ratio of 4,454.55 and a beta of 0.73. The company has a current ratio of 3.53, a quick ratio of 1.56 and a debt-to-equity ratio of 12.49. Warpaint London has a 1 year low of GBX 199.52 ($2.46) and a 1 year high of GBX 506 ($6.25).

Warpaint London Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, June 13th will be issued a dividend of GBX 6 ($0.07) per share. This represents a yield of 1.28%. The ex-dividend date of this dividend is Thursday, June 13th. This is a boost 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.