Harworth Group (LON:HWG) Hits New 52-Week Low – Here’s What Happened

Shares of Harworth Group plc (LON:HWG) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 157 and last traded at GBX 160.31, with a volume of 78200 shares. The stock had previously closed at GBX 165.50.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Berenberg Bank increased their price target on shares of Harworth Group from GBX 201 to GBX 202 and gave the stock a “buy” rating in a report on Monday, January 26th. Panmure Gordon reiterated a “buy” rating and issued a GBX 215 target price on shares of Harworth Group in a research report on Monday, January 19th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 209.75.

Harworth Group Stock Performance

The company has a debt-to-equity ratio of 27.28, a current ratio of 2.92 and a quick ratio of 1.13. The company has a 50 day simple moving average of GBX 166.34 and a 200-day simple moving average of GBX 165.88. The firm has a market cap of £519.77 million, a PE ratio of 10.21 and a beta of 0.74.

Harworth Group (LON:HWG) last posted its quarterly earnings results on Tuesday, March 17th. The company reported GBX 2.90 EPS for the quarter. Harworth Group had a net margin of 27.75% and a return on equity of 7.50%. As a group, equities research analysts anticipate that Harworth Group plc will post 15.3212521 EPS for the current year.

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.