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

Howden Joinery Group Plc (LON:HWDN - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 784.58 ($10.57) and traded as high as GBX 850 ($11.45). Howden Joinery Group shares last traded at GBX 844.52 ($11.38), with a volume of 2,183,767 shares.

Howden Joinery Group Price 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 stock's 50 day simple moving average is GBX 761.83 and its two-hundred day simple moving average is GBX 785.61. The stock has a market cap of £4.74 billion, a price-to-earnings ratio of 18.61, a P/E/G ratio of 1.96 and a beta of 1.07.

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

Insiders Place Their Bets

In other news, insider Tim Lodge bought 7,500 shares of Howden Joinery Group stock in a transaction dated Monday, March 3rd. The shares were bought at an average price of GBX 772 ($10.40) per share, for a total transaction of £57,900 ($78,000.81). Also, insider Roisin Currie bought 1,387 shares of Howden Joinery Group stock in a transaction dated Thursday, April 3rd. The stock was purchased at an average price of GBX 717 ($9.66) per share, for a total transaction of £9,944.79 ($13,397.27). Insiders have acquired 26,671 shares of company stock worth $20,124,740 over the last 90 days. Corporate 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.