Howden Joinery (OTCMKTS:HWDJY) Shares Gap Down – Here’s What Happened

Howden Joinery (OTCMKTS:HWDJY) shares gapped down prior to trading on Monday . The stock had previously closed at $45.50, but opened at $41.9132. Howden Joinery shares last traded at $41.9132, with a volume of 306 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Howden Joinery from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Howden Joinery has an average rating of “Strong Buy”.

Howden Joinery Price Performance

The stock has a 50-day simple moving average of $41.62 and a 200-day simple moving average of $43.49. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.10 and a quick ratio of 1.27.

About Howden Joinery

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.