Harworth Group (LON:HWG) Sets New 12-Month Low – Should You Sell?

Harworth Group plc (LON:HWG) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 130 and last traded at GBX 130, with a volume of 286717 shares. The stock had previously closed at GBX 132.80.

Analyst Ratings Changes

HWG has been the subject of a number of research reports. Panmure Gordon reissued a “buy” rating and issued a GBX 215 target price on shares of Harworth Group in a report on Monday, January 19th. Berenberg Bank increased their target price on shares of Harworth Group from GBX 201 to GBX 202 and gave the stock a “buy” rating in a report on Monday, January 26th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Harworth Group has an average rating of “Buy” and an average price target of GBX 209.75.

Harworth Group Price Performance

The stock has a market cap of £409.91 million, a P/E ratio of 45.07 and a beta of 0.63. The company has a debt-to-equity ratio of 24.93, a current ratio of 457.81 and a quick ratio of 1.13. The business’s fifty day moving average price is GBX 148.74 and its 200 day moving average price is GBX 159.06.

Harworth Group (LON:HWG) last posted its earnings results on Tuesday, March 17th. The company reported GBX 2.90 EPS for the quarter. Harworth Group had a net margin of 7.25% and a return on equity of 1.36%. Sell-side analysts forecast that Harworth Group plc will post 15.3212521 EPS for the current fiscal year.

Insider Activity at Harworth Group

In other Harworth Group news, insider Lynda Shillaw acquired 21,764 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average price of GBX 155 per share, for a total transaction of £33,734.20. Also, insider Phil Redding acquired 40,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was acquired at an average price of GBX 158 per share, with a total value of £63,200. Insiders acquired a total of 94,035 shares of company stock worth $14,698,243 in the last quarter. 1.50% of the stock is owned by insiders.

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. Visit www.harworthgroup.com for further information.