Harworth Group (LON:HWG) Shares Pass Below 50 Day Moving Average – What’s Next?

Harworth Group plc (LON:HWGGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 168.04 ($2.10) and traded as low as GBX 161 ($2.01). Harworth Group shares last traded at GBX 161.46 ($2.02), with a volume of 168,364 shares trading hands.

Harworth Group Stock Performance

The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.13 and a current ratio of 2.59. The business’s 50-day moving average is GBX 167.96 and its 200-day moving average is GBX 171.55. The company has a market capitalization of £525.51 million, a PE ratio of 1,082.46 and a beta of 0.74.

Harworth Group Company Profile

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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.

Further Reading

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