Howden Joinery Group (OTCMKTS:HWDJY) Sets New 52-Week High – Time to Buy?

Shares of Howden Joinery Group Plc (OTCMKTS:HWDJY) reached a new 52-week high during trading on Thursday . The stock traded as high as $52.56 and last traded at $52.56, with a volume of 0 shares trading hands. The stock had previously closed at $52.56.

Analyst Upgrades and Downgrades

HWDJY has been the subject of several recent research reports. UBS Group upgraded Howden Joinery Group to a “hold” rating in a research report on Friday, July 26th. Barclays raised shares of Howden Joinery Group to a “strong-buy” rating in a research note on Friday, July 26th. Finally, Royal Bank of Canada raised shares of Howden Joinery Group to a “hold” rating in a research note on Tuesday, July 30th.

Howden Joinery Group Stock Performance

The company has a 50-day simple moving average of $51.34 and a 200-day simple moving average of $48.10.

Howden Joinery Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 9th. Investors of record on Friday, October 18th will be issued a dividend of $0.2123 per share. The ex-dividend date is Friday, October 18th.

About Howden Joinery Group

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.