Harworth Group (LON:HWG) Insider Chris Birch Buys 94 Shares

Harworth Group plc (LON:HWG) insider Chris Birch purchased 94 shares of Harworth Group stock in a transaction on Monday, November 17th. The stock was bought at an average price of GBX 161 per share, with a total value of £151.34.

Chris Birch also recently made the following trade(s):

• On Wednesday, October 15th, Chris Birch acquired 91 shares of Harworth Group stock. The shares were bought at an average cost of GBX 164 per share, for a total transaction of £149.24.
• On Monday, September 15th, Chris Birch acquired 88 shares of Harworth Group stock. The shares were bought at an average price of GBX 171 per share, with a total value of £150.48.

Harworth Group Stock Performance

LON HWG traded down GBX 1 on Tuesday, reaching GBX 160. 1,508,149 shares of the stock were exchanged, compared to its average volume of 260,370. The company has a current ratio of 2.59, a quick ratio of 1.13 and a debt-to-equity ratio of 13.88. Harworth Group plc has a one year low of GBX 155 and a one year high of GBX 190.50. The firm has a market capitalization of £518.70 million, a PE ratio of 10.19 and a beta of 0.74. The company’s 50-day simple moving average is GBX 166.31 and its two-hundred day simple moving average is GBX 173.82.

Harworth Group (LON:HWG) last posted its quarterly earnings results on Tuesday, September 16th. The company reported GBX 3 earnings per share for the quarter. Harworth Group had a net margin of 52.25% and a return on equity of 7.75%. Analysts expect that Harworth Group plc will post 15.3212521 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on HWG shares. Jefferies Financial Group upped their target price on shares of Harworth Group from GBX 210 to GBX 212 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 210 price objective on shares of Harworth Group in a research note on Monday, September 15th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 211.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.