Howden Joinery (OTCMKTS:HWDJY) Shares Gap Up – Here’s What Happened

Howden Joinery (OTCMKTS:HWDJY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $39.41, but opened at $44.31. Howden Joinery shares last traded at $44.31, with a volume of 125 shares.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Howden Joinery from a “hold” rating to a “strong-buy” rating in a research note on Monday. Two investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Howden Joinery Trading Down 3.2%

The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.27 and a current ratio of 2.10. The firm has a 50-day moving average price of $41.88 and a two-hundred day moving average price of $43.58.

About Howden Joinery

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.