Howden Joinery Group (LON:HWDN) Stock Passes Above 200 Day Moving Average - Here's Why

Key Points

• Howden's stock passed above its 200-day moving average (200‑day MA GBX 837.72), trading as high as GBX 847 and last at GBX 837 on volume of 3,524,923 shares.
• The company shows solid profitability—quarterly EPS GBX 49.20, return on equity 23.58% and net margin 11.07%—and trades at a P/E of 17.08 with a market cap of £4.51 billion.
• Howden is a trade-only retailer, operating over 850 UK depots and 70+ depots in France, Ireland and Belgium selling kitchens and joinery products to local builders.

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 837.72 and traded as high as GBX 847. Howden Joinery Group shares last traded at GBX 837, with a volume of 3,524,923 shares changing hands.

Howden Joinery Group Price Performance

The company has a market cap of £4.51 billion, a P/E ratio of 17.08, a P/E/G ratio of 1.96 and a beta of 1.33. The company has a 50-day simple moving average of GBX 846.22 and a 200 day simple moving average of GBX 837.72. The company has a current ratio of 2.10, a quick ratio of 0.94 and a debt-to-equity ratio of 110.24.

Howden Joinery Group (LON:HWDN - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported GBX 49.20 earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 23.58% and a net margin of 11.07%. On average, equities analysts anticipate that Howden Joinery Group Plc will post 52.8073286 EPS for the current year.

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. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers' expectations and allowing their businesses and ours to profit from doing so.

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