Harworth Group (LON:HWG) Shares Pass Above 50-Day Moving Average - What's Next?

Shares of Harworth Group plc (LON:HWG - Get Free Report) passed 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 Price Performance

The company has a quick ratio of 1.13, a current ratio of 2.59 and a debt-to-equity ratio of 13.88. The company's 50-day moving average is GBX 179.17 and its 200-day moving average is GBX 160.12. The stock has a market cap of £566.39 million, a price-to-earnings ratio of 1,166.67 and a beta of 0.74.

Harworth Group Cuts Dividend

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

Insider Buying and Selling at Harworth Group

In related news, insider Chris Birch sold 11,804 shares of the stock in a transaction that occurred on 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). In related news, insider Chris Birch sold 11,804 shares of the company's stock in a transaction dated 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). Also, insider Lynda Shillaw acquired 11,245 shares of the stock in a transaction on Friday, September 13th. The stock was bought at an average price of GBX 178 ($2.31) per share, with a total value of £20,016.10 ($25,957.85). Insiders have bought a total of 11,501 shares of company stock worth $2,046,618 over the last ninety days. Corporate insiders own 53.39% of the company's stock.

Harworth Group Company Profile

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.