Howden Joinery Group (OTCMKTS:HWDJY) Hits New 12-Month Low – Time to Sell?

Howden Joinery Group Plc (OTCMKTS:HWDJY)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $52.56 and last traded at $52.56, with a volume of 100 shares traded. The stock had previously closed at $52.56.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. UBS Group upgraded shares of Howden Joinery Group to a “hold” rating in a research note on Friday, July 26th. Barclays raised Howden Joinery Group to a “strong-buy” rating in a research report on Friday, July 26th. Finally, Royal Bank of Canada upgraded Howden Joinery Group to a “hold” rating in a research report on Tuesday, July 30th.

Howden Joinery Group Price Performance

The firm has a 50-day moving average price of $48.85 and a 200 day moving average price of $46.76.

Howden Joinery Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, October 18th will be paid a $0.2123 dividend. The ex-dividend date of this dividend is Friday, October 18th.

About Howden Joinery Group

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.