Harworth Group (LON:HWG) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Harworth Group plc (LON:HWGGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 141.18 and traded as low as GBX 124. Harworth Group shares last traded at GBX 124, with a volume of 259,319 shares trading hands.

Harworth Group Trading Down 0.8%

The firm has a market capitalization of £399.52 million, a PE ratio of 43.93 and a beta of 0.63. The company has a debt-to-equity ratio of 24.93, a quick ratio of 1.13 and a current ratio of 457.81. The firm has a fifty day moving average of GBX 141.18 and a 200 day moving average of GBX 156.52.

Harworth Group (LON:HWGGet Free Report) last announced its earnings results on Tuesday, March 17th. The company reported GBX 2.90 EPS for the quarter. Harworth Group had a return on equity of 1.36% and a net margin of 7.25%. Equities research analysts expect that Harworth Group plc will post 15.3212521 EPS for the current year.

Insider Activity at Harworth Group

In related news, insider Phil Redding bought 40,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average cost of GBX 158 per share, for a total transaction of £63,200. Also, insider Lynda Shillaw bought 21,764 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average price of GBX 155 per share, for a total transaction of £33,734.20. In the last ninety days, insiders have purchased 93,993 shares of company stock worth $14,683,151. 1.50% of the stock is currently owned by company insiders.

Harworth Group Company Profile

(Get Free Report)

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. Visit www.harworthgroup.com for further information.

See Also

Receive News & Ratings for Harworth Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harworth Group and related companies with MarketBeat.com's FREE daily email newsletter.