Harworth Group (LON:HWG) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Harworth Group plc (LON:HWG) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 176.25 ($2.29) and traded as high as GBX 185 ($2.40). Harworth Group shares last traded at GBX 181.50 ($2.36), with a volume of 191,464 shares trading hands.

Harworth Group Stock Down 0.1 %

The firm has a 50 day simple moving average of GBX 176.63 and a two-hundred day simple moving average of GBX 158. The company has a quick ratio of 1.13, a current ratio of 2.59 and a debt-to-equity ratio of 13.88. The stock has a market capitalization of £585.00 million, a P/E ratio of 1,210.00 and a beta of 0.74.

Harworth Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 24th. Investors of record on Thursday, September 19th were paid a GBX 0.49 ($0.01) dividend. This represents a yield of 0.29%. The ex-dividend date of this dividend was Thursday, September 19th. Harworth Group’s dividend payout ratio (DPR) is presently 1,333.33%.

Insiders Place Their Bets

In related news, insider Lynda Shillaw purchased 11,245 shares of Harworth Group stock in a transaction dated Friday, September 13th. The shares were bought at an average cost of GBX 178 ($2.31) per share, for a total transaction of £20,016.10 ($25,988.18). In related news, insider Lynda Shillaw purchased 11,245 shares of the stock in a transaction dated Friday, September 13th. The stock was bought at an average cost of GBX 178 ($2.31) per share, for a total transaction of £20,016.10 ($25,988.18). Also, insider Chris Birch sold 11,804 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of GBX 191 ($2.48), for a total value of £22,545.64 ($29,272.45). Over the last 90 days, insiders acquired 11,501 shares of company stock valued at $2,046,618. 53.39% of the stock is currently owned by corporate insiders.

About Harworth Group

Harworth Group plc operates as a land and property regeneration company in the North of England and the Midlands. The company operates through Income Generation and Capital Growth segments. The Income Generation segment focuses on generating rental returns from the investment portfolio; rental returns and royalties from energy generation, environmental technologies, and the agricultural portfolio; and income-generating streams from recycled aggregates and secondary coal products.