Howden Joinery (OTCMKTS:HWDJY) Shares Up 0.7% – Time to Buy?

Howden Joinery (OTCMKTS:HWDJY)’s stock price traded up 0.7% on Monday. The stock traded as high as $40.0235 and last traded at $40.0235. 7 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 15 shares. The stock had previously closed at $39.7510.

Analysts Set New Price Targets

Separately, Zacks Research lowered Howden Joinery from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Howden Joinery Stock Up 0.7%

The company has a fifty day moving average price of $40.78 and a 200 day moving average price of $41.80.

Howden Joinery Company Profile

Howden Joinery Group plc is a United Kingdom-based specialist supplier of fitted kitchens and joinery products. Operating primarily through a trade-only model, the company sells to professional tradespeople, including builders, kitchen installers and property developers, who in turn supply and install products for residential customers.

The company’s product range includes kitchen cabinets, worktops, sinks, taps, appliances, flooring, doors, hardware and related joinery products. Howdens operates a network of local depots designed to provide trade customers with product availability, design support and delivery services.

Howdens was established in 1995 and has expanded beyond its core United Kingdom market into selected European countries, including France and Belgium.