Warpaint London PLC (LON:W7L) Insider Samuel Bazini Sells 3,500,000 Shares

Warpaint London PLC (LON:W7L) insider Samuel Bazini sold 3,500,000 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of GBX 450 ($5.65), for a total transaction of £15,750,000 ($19,783,946.74).

Warpaint London Stock Performance

Shares of W7L stock opened at GBX 480 ($6.03) on Friday. The company has a current ratio of 3.53, a quick ratio of 1.56 and a debt-to-equity ratio of 12.49. The stock has a 50 day simple moving average of GBX 421.72 and a 200-day simple moving average of GBX 378.12. The company has a market cap of £370.85 million, a price-to-earnings ratio of 4,363.64 and a beta of 0.73. Warpaint London PLC has a 12-month low of GBX 230 ($2.89) and a 12-month high of GBX 506 ($6.36).

Warpaint London Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, June 13th will be given a GBX 6 ($0.08) dividend. This is a boost from Warpaint London’s previous dividend of $3.00. The ex-dividend date is Thursday, June 13th. This represents a yield of 1.28%. Warpaint London’s dividend payout ratio is presently 7,272.73%.

Analysts Set New Price Targets

W7L has been the subject of a number of recent research reports. Berenberg Bank started coverage on Warpaint London in a research report on Wednesday, April 17th. They set a “buy” rating and a GBX 550 ($6.91) price objective for the company. Shore Capital reissued a “house stock” rating on shares of Warpaint London in a research note on Wednesday, April 24th.

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.