Howden Joinery (OTCMKTS:HWDJY) Downgraded by Zacks Research to Hold

Howden Joinery (OTCMKTS:HWDJYGet Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday, Zacks reports.

Howden Joinery Price Performance

Shares of Howden Joinery stock opened at $40.36 on Monday. Howden Joinery has a 12-month low of $38.59 and a 12-month high of $46.27. The company has a quick ratio of 1.27, a current ratio of 2.10 and a debt-to-equity ratio of 0.51. The stock’s fifty day moving average is $41.49 and its 200-day moving average is $42.83.

About Howden Joinery

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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.

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