Howden Joinery (OTCMKTS:HWDJY) Shares Gap Down – What’s Next?

Shares of Howden Joinery (OTCMKTS:HWDJY) gapped down prior to trading on Monday . The stock had previously closed at $45.50, but opened at $41.9132. Howden Joinery shares last traded at $41.9132, with a volume of 306 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Howden Joinery from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Howden Joinery Trading Down 7.9%

The company has a debt-to-equity ratio of 0.51, a current ratio of 2.10 and a quick ratio of 1.27. The firm’s 50-day moving average is $41.72 and its 200 day moving average is $43.52.

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.