Howden Joinery (OTCMKTS:HWDJY) Lowered to Hold Rating by Zacks Research

Zacks Research lowered shares of Howden Joinery (OTCMKTS:HWDJYFree Report) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks reports.

Howden Joinery Price Performance

HWDJY opened at $40.36 on Monday. The firm has a 50 day moving average price of $41.49 and a 200-day moving average price of $42.83. Howden Joinery has a twelve month low of $38.59 and a twelve month high of $46.27. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.10 and a quick ratio of 1.27.

Howden Joinery Company Profile

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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.

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