Howden Joinery Group (LON:HWDN) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Howden Joinery Group Plc (LON:HWDN - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 788.46 ($10.39) and traded as high as GBX 802 ($10.57). Howden Joinery Group shares last traded at GBX 801.04 ($10.55), with a volume of 2,271,099 shares changing hands.

Howden Joinery Group Stock Performance

The company has a debt-to-equity ratio of 60.20, a current ratio of 1.99 and a quick ratio of 0.94. The firm has a market capitalization of £4.53 billion, a PE ratio of 17.79, a P/E/G ratio of 1.96 and a beta of 1.07. The company's fifty day simple moving average is GBX 737.29 and its 200 day simple moving average is GBX 785.74.

Howden Joinery Group (LON:HWDN - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.60) earnings per share (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, equities research analysts expect that Howden Joinery Group Plc will post 52.8073286 EPS for the current fiscal year.

Howden Joinery Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 10th will be issued a GBX 16.30 ($0.21) dividend. This is a positive change from Howden Joinery Group's previous dividend of $4.90. This represents a dividend yield of 2.2%. The ex-dividend date is Thursday, April 10th. Howden Joinery Group's dividend payout ratio (DPR) is presently 45.01%.

Insider Activity

In other Howden Joinery Group news, insider Tim Lodge purchased 7,500 shares of the stock in a transaction on Monday, March 3rd. The shares were purchased at an average price of GBX 772 ($10.17) per share, with a total value of £57,900 ($76,284.58). Also, insider Roisin Currie acquired 1,387 shares of the business's stock in a transaction dated Thursday, April 3rd. The shares were acquired at an average cost of GBX 717 ($9.45) per share, with a total value of £9,944.79 ($13,102.49). Over the last three months, insiders purchased 26,654 shares of company stock worth $20,110,368. 0.47% of the stock is owned by corporate insiders.

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.