Harworth Group (LON:HWG) Stock Price Crosses Below Fifty Day Moving Average of $131.61

Harworth Group plc (LON:HWG)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 131.61 ($1.63) and traded as low as GBX 131 ($1.62). Harworth Group shares last traded at GBX 131 ($1.62), with a volume of 17,313 shares.

Harworth Group Price Performance

The company has a quick ratio of 1.13, a current ratio of 2.87 and a debt-to-equity ratio of 10.06. The stock has a market cap of £422.21 million, a price-to-earnings ratio of 1,091.67 and a beta of 0.74. The company’s 50-day moving average is GBX 131.61 and its 200-day moving average is GBX 120.58.

Harworth Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, April 25th will be issued a dividend of GBX 1.02 ($0.01) per share. This is a positive change from Harworth Group’s previous dividend of $0.44. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 0.76%. Harworth Group’s dividend payout ratio (DPR) is presently 833.33%.

About Harworth Group

Harworth Group plc operates as a land and property regeneration company in the North of England and the Midlands. It operates through two segments, Income Generation and Capital Growth. The Income Generation segment focuses on generating rental returns from the investment portfolio; rental returns and royalties from energy generation, environmental technologies, and the agricultural portfolio; and income-generating streams from recycled aggregates and secondary coal products.