Harworth Group (LON:HWG) Stock Passes Above 50 Day Moving Average – What’s Next?

Harworth Group plc (LON:HWG)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 174.26 ($2.38) and traded as high as GBX 187 ($2.55). Harworth Group shares last traded at GBX 185.50 ($2.53), with a volume of 636,974 shares traded.

Harworth Group Trading Down 0.3%

The company has a quick ratio of 1.13, a current ratio of 2.59 and a debt-to-equity ratio of 13.88. The firm has a market cap of £609.06 million, a price-to-earnings ratio of 12.20 and a beta of 0.74. The business has a 50 day moving average price of GBX 174.26 and a 200-day moving average price of GBX 170.01.

Insider Activity

In other news, insider Chris Birch sold 15,533 shares of the stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of GBX 174 ($2.37), for a total value of £27,027.42 ($36,877.36). Insiders bought a total of 436 shares of company stock valued at $75,035 in the last ninety days. 53.39% of the stock is currently owned by company insiders.

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.