Howden Joinery Group (LON:HWDN) Share Price Crosses Above 200-Day Moving Average of $871.48

Shares of Howden Joinery Group Plc (LON:HWDN) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 871.48 ($11.14) and traded as high as GBX 884 ($11.30). Howden Joinery Group shares last traded at GBX 881 ($11.26), with a volume of 676,847 shares changing hands.

Analyst Ratings Changes

A number of research firms recently commented on HWDN. Barclays reiterated an “overweight” rating and set a GBX 1,010 ($12.91) price target on shares of Howden Joinery Group in a report on Wednesday, May 1st. Royal Bank of Canada reissued an “outperform” rating and set a GBX 920 ($11.76) target price on shares of Howden Joinery Group in a report on Friday, April 12th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Howden Joinery Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 873.33 ($11.16).

Howden Joinery Group Trading Up 1.4 %

The business has a fifty day moving average price of GBX 900.11 and a 200-day moving average price of GBX 871.47. The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 75.88. The company has a market cap of £4.85 billion, a P/E ratio of 1,918.48, a PEG ratio of 2.15 and a beta of 1.07.

Howden Joinery Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 17th will be paid a GBX 4.90 ($0.06) dividend. The ex-dividend date is Thursday, October 17th. This represents a yield of 0.52%. Howden Joinery Group’s dividend payout ratio (DPR) is presently 4,565.22%.

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.