Harworth Group (LON:HWG) Sets New 52-Week High at $137.00

Harworth Group PLC (LON:HWG) hit a new 52-week high on Tuesday . The company traded as high as GBX 137 ($1.79) and last traded at GBX 131 ($1.71), with a volume of 162376 shares traded. The stock had previously closed at GBX 130 ($1.70).

A number of brokerages recently weighed in on HWG. Peel Hunt restated a “buy” rating and set a GBX 146 ($1.91) price objective on shares of Harworth Group in a research note on Monday, July 1st. Liberum Capital restated a “buy” rating on shares of Harworth Group in a research note on Tuesday, August 6th. Finally, Peel Hunt restated a “buy” rating on shares of Harworth Group in a research note on Tuesday, August 6th.

The company has a debt-to-equity ratio of 16.55, a quick ratio of 1.24 and a current ratio of 4.99. The stock has a market capitalization of $421.18 million and a PE ratio of 12.48. The business has a 50 day moving average of GBX 130.84 and a two-hundred day moving average of GBX 127.56.

Harworth Group Company Profile (LON:HWG)

Harworth Group plc operates as a brownfield land developer and regeneration company in the North of England and the Midlands. The company operates through two segments, Income Generation and Capital Growth. The Income Generation segment focuses on generating rental returns from the business space portfolio; rental returns and royalties from energy generation, environmental technologies, and the agricultural portfolio; and income generating streams from recycled aggregates and secondary coal products.

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