Howden Joinery Group (LON:HWDN) Shares Pass Above 200 Day Moving Average – Time to Sell?

Howden Joinery Group Plc (LON:HWDNGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 842.27 and traded as high as GBX 846. Howden Joinery Group shares last traded at GBX 838.50, with a volume of 5,907,081 shares traded.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. raised their target price on shares of Howden Joinery Group from GBX 884 to GBX 900 and gave the company a “neutral” rating in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 918.75.

View Our Latest Analysis on Howden Joinery Group

Howden Joinery Group Stock Down 1.2%

The stock has a 50-day simple moving average of GBX 862.68 and a two-hundred day simple moving average of GBX 842.09. The company has a quick ratio of 0.94, a current ratio of 2.10 and a debt-to-equity ratio of 110.24. The firm has a market cap of £4.52 billion, a PE ratio of 18.11, a P/E/G ratio of 1.96 and a beta of 1.33.

Howden Joinery Group (LON:HWDNGet Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported GBX 49.20 earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 23.58% and a net margin of 11.07%. Analysts expect that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current year.

Howden Joinery Group Company Profile

(Get Free Report)

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.

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