Dowlais Group (LON:DWL) Stock Price Down 0% – Should You Sell?

Dowlais Group plc (LON:DWL) fell 0% during trading on Wednesday . The stock traded as low as GBX 63.70 ($0.80) and last traded at GBX 63.93 ($0.80). 4,103,913 shares were traded during trading, a decline of 46% from the average session volume of 7,627,701 shares. The stock had previously closed at GBX 63.95 ($0.80).

Wall Street Analysts Forecast Growth

DWL has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 62 ($0.78) price target on shares of Dowlais Group in a report on Monday, November 25th. Citigroup raised shares of Dowlais Group to a “neutral” rating and set a GBX 58 ($0.73) target price for the company in a report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Dowlais Group currently has an average rating of “Hold” and an average price target of GBX 94 ($1.18).

Dowlais Group Stock Performance

The firm’s 50-day moving average is GBX 55.30 and its 200 day moving average is GBX 62.03. The firm has a market capitalization of £863.60 million and a PE ratio of -171.62.

About Dowlais Group

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.