Harworth Group (LON:HWG) Sets New 52-Week Low – Time to Sell?

Shares of Harworth Group plc (LON:HWG) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 119 and last traded at GBX 121.80, with a volume of 146267 shares traded. The stock had previously closed at GBX 124.

Harworth Group Stock Down 1.8%

The company’s 50 day moving average price is GBX 141.18 and its two-hundred day moving average price is GBX 156.52. The company has a quick ratio of 1.13, a current ratio of 457.81 and a debt-to-equity ratio of 24.93. The stock has a market cap of £395.62 million, a P/E ratio of 43.50 and a beta of 0.63.

Harworth Group (LON:HWG) last posted its quarterly earnings results on Tuesday, March 17th. The company reported GBX 2.90 earnings per share for the quarter. Harworth Group had a net margin of 7.25% and a return on equity of 1.36%. As a group, research analysts expect that Harworth Group plc will post 15.3212521 earnings per share for the current year.

Insider Activity

In related news, insider Lynda Shillaw purchased 21,764 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was purchased at an average price of GBX 155 per share, with a total value of £33,734.20. Also, insider Alastair Lyons CBE purchased 31,610 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were bought at an average cost of GBX 155 per share, with a total value of £48,995.50. Over the last quarter, insiders purchased 94,168 shares of company stock valued at $14,704,851. Corporate insiders own 1.50% of the company’s stock.

Harworth Group Company Profile

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.