Howden Joinery (OTCMKTS:HWDJY) Shares Gap Down – What’s Next?

Howden Joinery (OTCMKTS:HWDJY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $45.74, but opened at $39.75. Howden Joinery shares last traded at $42.07, with a volume of 451 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Howden Joinery from a “hold” rating to a “strong-buy” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

Howden Joinery Trading Down 5.0%

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 $41.87 and a 200 day simple moving average of $43.57.

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.