Harworth Group (LON:HWG) Reaches New 1-Year High – Here’s What Happened

Harworth Group plc (LON:HWG)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 184 and last traded at GBX 183.20, with a volume of 391 shares trading hands. The stock had previously closed at GBX 179.60.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HWG shares. Peel Hunt reaffirmed a “buy” rating and issued a GBX 200 price objective on shares of Harworth Group in a research note on Wednesday, August 5th. Jefferies Financial Group reissued a “buy” rating and set a GBX 170 target price on shares of Harworth Group in a research note on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 196.75.

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 firm has a market capitalization of £588.66 million, a price-to-earnings ratio of 64.64 and a beta of 0.54. The stock’s 50 day moving average price is GBX 134.47 and its two-hundred day moving average price is GBX 144.18.

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.