Howden Joinery (OTCMKTS:HWDJY) Hits New 52-Week Low – Here’s What Happened

Howden Joinery (OTCMKTS:HWDJY) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $38.59 and last traded at $38.59, with a volume of 312 shares changing hands. The stock had previously closed at $41.9132.

Analyst Ratings Changes

Separately, Zacks Research raised Howden Joinery from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Howden Joinery Trading Down 2.4%

The company has a debt-to-equity ratio of 0.51, a current ratio of 2.10 and a quick ratio of 1.27. The business has a 50-day simple moving average of $41.42 and a 200-day simple moving average of $43.42.

About Howden Joinery

Howden Joinery (OTCMKTS:HWDJY) is a United Kingdom–based specialist in the design, manufacture and distribution of fitted kitchens and joinery products. Established in 1995 through a management buyout from the MFI Group, Howden Joinery has grown to become one of Europe’s leading suppliers of trade-only kitchen solutions. The company operates on a decentralised model that caters exclusively to professional tradespeople, offering a comprehensive range of products under one roof.

The company’s core product portfolio includes kitchen cabinets, doors, worktops, sinks, taps and a variety of accessories, from lighting to storage solutions.