Harworth Group (LON:HWG) Sets New 1-Year Low – Should You Sell?

Harworth Group plc (LON:HWG)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 131 and last traded at GBX 132, with a volume of 272606 shares changing hands. The stock had previously closed at GBX 132.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Panmure Gordon reissued a “buy” rating and set a GBX 215 target price on shares of Harworth Group in a research note on Monday, January 19th. Berenberg Bank raised their price target on shares of Harworth Group from GBX 201 to GBX 202 and gave the company a “buy” rating in a research note on Monday, January 26th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Harworth Group currently has an average rating of “Buy” and an average price target of GBX 209.75.

Harworth Group Stock Performance

The stock has a market cap of £438.47 million, a P/E ratio of 48.21 and a beta of 0.63. The company has a fifty day moving average of GBX 155.11 and a 200 day moving average of GBX 160.82. The company has a debt-to-equity ratio of 24.93, a current ratio of 457.81 and a quick ratio of 1.13.

Harworth Group (LON:HWG) last posted its quarterly earnings results on Tuesday, March 17th. The company reported GBX 2.90 earnings per share (EPS) for the quarter. Harworth Group had a return on equity of 1.36% and a net margin of 7.25%. On average, equities analysts predict that Harworth Group plc will post 15.3212521 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Lynda Shillaw purchased 21,764 shares of the stock in a transaction dated Friday, March 20th. The shares were acquired at an average cost of GBX 155 per share, for a total transaction of £33,734.20. Also, insider Alastair Lyons CBE purchased 31,610 shares of the stock in a transaction dated Thursday, March 19th. The shares were bought at an average price of GBX 155 per share, for a total transaction of £48,995.50. Insiders have purchased a total of 94,035 shares of company stock worth $14,698,243 in the last ninety days. Corporate insiders own 1.50% of the company’s stock.

Harworth Group Company Profile

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. Visit www.harworthgroup.com for further information.