Howden Joinery Group (OTCMKTS:HWDJF) Stock Price Down 7.9% – Here’s Why

Howden Joinery Group Plc (OTCMKTS:HWDJF – Get Free Report)’s share price dropped 7.9% during trading on Monday. The company traded as low as $9.51 and last traded at $9.51. Approximately 3,500 shares changed hands during trading, a decline of 60% from the average daily volume of 8,753 shares. The stock had previously closed at $10.3250.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Howden Joinery Group in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on Howden Joinery Group

Howden Joinery Group Stock Performance

The business’s 50 day simple moving average is $10.56 and its 200 day simple moving average is $10.61.

Howden Joinery Group Company Profile

(Get Free Report)

Howden Joinery Group plc is a United Kingdom-based specialist supplier of kitchens and related products to the trade. Operating under the Howdens brand, the company serves professional tradespeople, including builders, kitchen installers and independent contractors, through a trade-only model designed to support renovation and new-build projects.

Its product range includes fitted kitchens, kitchen cabinets, worktops, sinks, taps, appliances, flooring, doors, joinery products, hardware and bathroom fittings.

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