Howden Joinery Group (LON:HWDN) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Howden Joinery Group Plc (LON:HWDN)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 841.34 and traded as high as GBX 894.50. Howden Joinery Group shares last traded at GBX 874, with a volume of 1,473,618 shares changing hands.

Analyst Ratings Changes

Several research firms recently weighed in on HWDN. JPMorgan Chase & Co. lifted their price target on Howden Joinery Group from GBX 884 to GBX 900 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 900 price objective on shares of Howden Joinery Group in a research report on Friday, October 31st. Finally, Berenberg Bank restated a “buy” rating and set a GBX 975 price objective on shares of Howden Joinery Group in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 918.75.

Howden Joinery Group Stock Down 0.2%

The company has a market capitalization of £4.70 billion, a PE ratio of 18.84, a P/E/G ratio of 1.96 and a beta of 1.07. The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 60.20. The stock has a 50-day moving average of GBX 840.54 and a 200 day moving average of GBX 841.34.

Insider Activity at Howden Joinery Group

In other news, insider Andrew Livingston acquired 4,033 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were bought at an average cost of GBX 807 per share, with a total value of £32,546.31. In the last ninety days, insiders have acquired 4,069 shares of company stock worth $3,284,187. 0.91% of the stock is owned by 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. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers’ expectations and allowing their businesses and ours to profit from doing so.