Harworth Group (LON:HWG) Reaches New 1-Year Low – Time to Sell?

Shares of Harworth Group plc (LON:HWG) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 119 and last traded at GBX 121.80, with a volume of 146267 shares changing hands. The stock had previously closed at GBX 124.

Harworth Group Price Performance

The company has a quick ratio of 1.13, a current ratio of 457.81 and a debt-to-equity ratio of 24.93. The stock has a market capitalization of £397.57 million, a price-to-earnings ratio of 43.71 and a beta of 0.63. The company’s 50-day simple moving average is GBX 139.46 and its 200 day simple moving average is GBX 155.99.

Harworth Group (LON:HWG) last announced its quarterly earnings results on Tuesday, March 17th. The company reported GBX 2.90 earnings per share for the quarter. Harworth Group had a return on equity of 1.36% and a net margin of 7.25%. Equities research analysts forecast that Harworth Group plc will post 15.3212521 EPS for the current year.

Insider Buying and Selling

In related news, insider Alastair Lyons CBE bought 31,610 shares of Harworth Group stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average cost of GBX 155 per share, for a total transaction of £48,995.50. Also, insider Phil Redding bought 40,000 shares of the firm’s stock in a transaction on Monday, March 23rd. The shares were bought at an average cost of GBX 158 per share, with a total value of £63,200. In the last ninety days, insiders purchased 94,168 shares of company stock worth $14,704,851. 1.50% of the stock is currently owned by insiders.

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.