Howden Joinery Group (LON:HWDN) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Howden Joinery Group Plc (LON:HWDN)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 785.89 ($10.46) and traded as high as GBX 836 ($11.13). Howden Joinery Group shares last traded at GBX 835.66 ($11.12), with a volume of 1,471,423 shares.

Howden Joinery Group Price Performance

The company has a market capitalization of £4.58 billion, a P/E ratio of 17.97, a P/E/G ratio of 1.96 and a beta of 1.07. The firm’s fifty day moving average is GBX 741.78 and its 200 day moving average is GBX 785.89. The company has a debt-to-equity ratio of 60.20, a quick ratio of 0.94 and a current ratio of 1.99.

Howden Joinery Group (LON:HWDN) last issued its quarterly earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.61) EPS for the quarter. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%. As a group, analysts predict that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current fiscal year.

Howden Joinery Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 10th will be issued a dividend of GBX 16.30 ($0.22) per share. This represents a yield of 2.2%. This is an increase from Howden Joinery Group’s previous dividend of $4.90. The ex-dividend date is Thursday, April 10th. Howden Joinery Group’s dividend payout ratio is presently 45.01%.

Insider Activity at Howden Joinery Group

In related news, insider Tim Lodge bought 7,500 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were acquired at an average cost of GBX 772 ($10.27) per share, for a total transaction of £57,900 ($77,056.16). Also, insider Roisin Currie bought 1,387 shares of the company’s stock in a transaction on Thursday, April 3rd. The stock was bought at an average price of GBX 717 ($9.54) per share, for a total transaction of £9,944.79 ($13,235.01). In the last ninety days, insiders have bought 26,654 shares of company stock worth $20,110,368. Insiders own 0.47% of the company’s stock.

About Howden Joinery Group

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.