Howden Joinery Group (LON:HWDN) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Howden Joinery Group Plc (LON:HWDN) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 792.56 ($10.63) and traded as high as GBX 793.50 ($10.64). Howden Joinery Group shares last traded at GBX 773 ($10.37), with a volume of 4,911,865 shares trading hands.

Howden Joinery Group Price Performance

The firm’s fifty day moving average price is GBX 736.51 and its 200 day moving average price is GBX 792.42. The firm has a market capitalization of £4.23 billion, a PE ratio of 16.59, a P/E/G ratio of 1.96 and a beta of 1.07. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 60.20.

Howden Joinery Group (LON:HWDN) last posted its quarterly earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.61) EPS for the quarter. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%. As a group, equities analysts forecast that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current year.

Howden Joinery Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 10th will be issued a dividend of GBX 16.30 ($0.22) per share. This represents a yield of 2.2%. This is a positive change from Howden Joinery Group’s previous dividend of $4.90. The ex-dividend date is Thursday, April 10th. Howden Joinery Group’s dividend payout ratio (DPR) is 45.01%.

Insider Buying and Selling at Howden Joinery Group

In other news, insider Tim Lodge bought 7,500 shares of the stock in a transaction dated Monday, March 3rd. The shares were acquired at an average cost of GBX 772 ($10.35) per share, with a total value of £57,900 ($77,655.58). Also, insider Roisin Currie bought 1,387 shares of the company’s stock in a transaction dated Thursday, April 3rd. The shares were acquired at an average price of GBX 717 ($9.62) per share, for a total transaction of £9,944.79 ($13,337.97). Over the last ninety days, insiders purchased 26,654 shares of company stock valued at $20,110,368. 0.47% of the stock is owned by company insiders.

Howden Joinery Group Company Profile

Howden Joinery Group Plc is the parent company of Howdens.

Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium.

Howdens only sells to the trade – they have the expertise to ensure that our products are fitted to the highest possible standards.