Insider Buying: Harworth Group (LON:HWG) Insider Buys 82 Shares of Stock

Key Points

• Insider Katerina Patmore purchased a total of 162 shares of Harworth Group plc stock in recent transactions, with an average price of approximately GBX 186 ($2.52) per share.
• Harworth Group plc's current stock price is GBX 178 ($2.41), reflecting a decline of GBX 2 ($0.03) during mid-day trading.
• Analysts from Jefferies Financial Group have reissued a "buy" rating on Harworth Group, setting a price target of GBX 210 ($2.85) for the stock.

Harworth Group plc (LON:HWG - Get Free Report) insider Katerina Patmore purchased 82 shares of the company's stock in a transaction dated Friday, August 15th. The stock was bought at an average price of GBX 183 per share, with a total value of £150.06.

Katerina Patmore also recently made the following trade(s):

• On Tuesday, July 15th, Katerina Patmore purchased 80 shares of Harworth Group stock. The stock was bought at an average price of GBX 189 per share, with a total value of £151.20.

Harworth Group Price Performance

Shares of HWG stock traded up GBX 0.50 during trading hours on Friday, reaching GBX 176. The company had a trading volume of 126,975 shares, compared to its average volume of 237,209. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.13 and a current ratio of 2.59. The stock has a fifty day moving average of GBX 181.93 and a 200-day moving average of GBX 173.99. The company has a market capitalization of £579.43 million, a price-to-earnings ratio of 11.60 and a beta of 0.74. Harworth Group plc has a 12-month low of GBX 155 and a 12-month high of GBX 195.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a "buy" rating and issued a GBX 210 price target on shares of Harworth Group in a research report on Tuesday, August 5th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Harworth Group has a consensus rating of "Buy" and an average price target of GBX 210.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.