Howden Joinery Group (LON:HWDN) Stock Crosses Above 200 Day Moving Average - What's Next?

Shares of Howden Joinery Group Plc (LON:HWDN - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 785.89 ($10.52) and traded as high as GBX 836 ($11.20). Howden Joinery Group shares last traded at GBX 835.66 ($11.19), with a volume of 1,471,423 shares changing hands.

Howden Joinery Group Price Performance

The stock has a fifty day simple moving average of GBX 748.81 and a two-hundred day simple moving average of GBX 784.96. The company has a market cap of £4.65 billion, a PE ratio of 18.24, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 60.20.

Howden Joinery Group (LON:HWDN - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 45.60 ($0.61) EPS for the quarter. Howden Joinery Group had a return on equity of 25.70% and a net margin of 10.82%. On average, equities analysts predict that Howden Joinery Group Plc will post 52.8073286 EPS for the current fiscal year.

Howden Joinery Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 10th will be given a GBX 16.30 ($0.22) dividend. This is a positive change from Howden Joinery Group's previous dividend of $4.90. The ex-dividend date is Thursday, April 10th. This represents a yield of 2.2%. Howden Joinery Group's payout ratio is 45.01%.

Insider Activity

In related news, insider Tim Lodge purchased 7,500 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were bought at an average price of GBX 772 ($10.34) per share, with a total value of £57,900 ($77,541.18). Also, insider Andrew Livingston acquired 17,707 shares of the firm's stock in a transaction dated Wednesday, March 26th. The stock was bought at an average price of GBX 750 ($10.04) per share, with a total value of £132,802.50 ($177,852.55). Over the last quarter, insiders have acquired 26,671 shares of company stock worth $20,124,740. 0.47% of the stock is owned by corporate insiders.

Howden Joinery Group Company Profile

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.