Harworth Group - HWG Share Forecast, Price & News

Harworth Group plc operates as a land and property regeneration company in the North of England and the Midlands. The company operates through two segments, Income Generation and Capital Growth. The Income Generation segment focuses on generating rental returns from the investment portfolio; rental returns and royalties from energy generation, environmental technologies, and the agricultural portfolio; and income-generating streams from recycled aggregates and secondary coal products. The Capital Growth segment is involved in the planning and development activity, value engineering, proactive asset management, and strategic land acquisitions. Its portfolio includes properties, including mixed-use, industrial, and retail, as well as residential properties. The company was formerly known as Coalfield Resources plc and changed its name to Harworth Group plc in March 2015. Harworth Group plc was incorporated in 1991 and is headquartered in Rotherham, the United Kingdom.

Analyst Ratings Changes

Separately, Peel Hunt reissued a "buy" rating and issued a GBX 210 ($2.54) price target on shares of Harworth Group in a research report on Tuesday, May 24th.

Harworth Group Price Performance

Harworth Group stock traded down GBX 7 ($0.08) during trading hours on Friday, hitting GBX 155 ($1.87). 26,302 shares of the stock were exchanged, compared to its average volume of 196,802. The company has a debt-to-equity ratio of 6.58, a quick ratio of 0.63 and a current ratio of 2.48. The stock has a market capitalization of £500.63 million and a P/E ratio of 534.48. Harworth Group has a 12 month low of GBX 135 ($1.63) and a 12 month high of GBX 193.30 ($2.34). The business's 50-day moving average is GBX 155.61 and its two-hundred day moving average is GBX 164.39.

Insiders Place Their Bets

In other news, insider Alastair Lyons CBE acquired 16,870 shares of the firm's stock in a transaction on Thursday, June 30th. The shares were purchased at an average cost of GBX 147 ($1.78) per share, with a total value of £24,798.90 ($29,964.84). In related news, insider Lynda Shillaw purchased 19,622 shares of the firm's stock in a transaction dated Monday, June 27th. The shares were acquired at an average cost of GBX 153 ($1.85) per share, with a total value of £30,021.66 ($36,275.57). Also, insider Alastair Lyons CBE acquired 16,870 shares of Harworth Group stock in a transaction on Thursday, June 30th. The stock was acquired at an average cost of GBX 147 ($1.78) per share, for a total transaction of £24,798.90 ($29,964.84). Over the last ninety days, insiders have bought 68,526 shares of company stock valued at $10,351,224.