Howden Joinery (OTCMKTS:HWDJY) Rating Lowered to “Hold” at Zacks Research

Howden Joinery (OTCMKTS:HWDJYGet Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday, Zacks reports.

Howden Joinery Price Performance

Shares of OTCMKTS HWDJY opened at $40.36 on Monday. Howden Joinery has a twelve month low of $38.59 and a twelve month high of $46.27. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.10 and a quick ratio of 1.27. The firm has a 50-day moving average of $41.49 and a two-hundred day moving average of $42.83.

About Howden Joinery

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Howden Joinery (OTCMKTS:HWDJY) is a United Kingdom–based specialist in the design, manufacture and distribution of fitted kitchens and joinery products. Established in 1995 through a management buyout from the MFI Group, Howden Joinery has grown to become one of Europe’s leading suppliers of trade-only kitchen solutions. The company operates on a decentralised model that caters exclusively to professional tradespeople, offering a comprehensive range of products under one roof.

The company’s core product portfolio includes kitchen cabinets, doors, worktops, sinks, taps and a variety of accessories, from lighting to storage solutions.

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