Howden Joinery Group (LON:HWDN) Stock Crosses Above Two Hundred Day Moving Average of $888.80

Howden Joinery Group Plc (LON:HWDN)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 888.80 ($11.69) and traded as high as GBX 936.50 ($12.31). Howden Joinery Group shares last traded at GBX 929 ($12.22), with a volume of 471,981 shares.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised their price target on shares of Howden Joinery Group from GBX 1,042 ($13.70) to GBX 1,090 ($14.33) and gave the company a “buy” rating in a research report on Tuesday, August 20th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 904.29 ($11.89).

Howden Joinery Group Stock Up 0.4 %

The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 75.88. The business’s fifty day moving average price is GBX 912.99 and its 200 day moving average price is GBX 888.80. The firm has a market capitalization of £5.11 billion, a PE ratio of 2,019.57, a PEG ratio of 2.06 and a beta of 1.07.

Howden Joinery Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 17th will be paid a GBX 4.90 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a dividend yield of 0.52%. Howden Joinery Group’s dividend payout ratio (DPR) is currently 4,565.22%.

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.