Harworth Group (LON:HWG) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Harworth Group plc (LON:HWG)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 134.24 and traded as low as GBX 128.80. Harworth Group shares last traded at GBX 130, with a volume of 2,766,408 shares.

Harworth Group Stock Up 0.2%

The firm has a market cap of £422.76 million, a price-to-earnings ratio of 46.43 and a beta of 0.56. The company has a debt-to-equity ratio of 24.93, a current ratio of 457.81 and a quick ratio of 1.13. The stock has a 50-day moving average of GBX 134.24 and a 200-day moving average of GBX 153.49.

Harworth Group (LON:HWG) last issued 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%. Sell-side analysts predict that Harworth Group plc will post 15.3212521 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Phil Redding purchased 40,000 shares of Harworth Group stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average price of GBX 158 per share, with a total value of £63,200. Also, insider Lynda Shillaw purchased 21,764 shares of Harworth Group stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average cost of GBX 155 per share, for a total transaction of £33,734.20. Insiders have purchased 93,989 shares of company stock valued at $14,674,958 over the last 90 days. 1.53% of the stock is owned by corporate 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. Visit www.harworthgroup.com for further information.