Harworth Group (LON:HWG) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Harworth Group plc (LON:HWG) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 179.17 ($2.32) and traded as high as GBX 180 ($2.33). Harworth Group shares last traded at GBX 175 ($2.27), with a volume of 154,368 shares.

Harworth Group Stock Down 2.0 %

The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. The company has a market capitalization of £566.39 million, a price-to-earnings ratio of 1,166.67 and a beta of 0.74. The firm’s fifty day moving average price is GBX 179.17 and its 200-day moving average price is GBX 160.12.

Harworth Group Cuts Dividend

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

Insider Activity

In other Harworth Group news, insider Chris Birch sold 11,804 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of GBX 191 ($2.48), for a total transaction of £22,545.64 ($29,238.28). In other Harworth Group news, insider Chris Birch sold 11,804 shares of Harworth Group stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of GBX 191 ($2.48), for a total transaction of £22,545.64 ($29,238.28). Also, insider Lynda Shillaw purchased 11,245 shares of Harworth Group stock in a transaction on Friday, September 13th. The stock was bought at an average price of GBX 178 ($2.31) per share, for a total transaction of £20,016.10 ($25,957.85). Over the last three months, insiders have bought 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.