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Harworth CFO Purchases Shares, Signaling Confidence

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Harworth CFO Purchases Shares, Signaling Confidence

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Harworth ( (GB:HWG) ) has issued an update.

Harworth Group plc announced a share purchase transaction involving its Chief Financial Officer, Katerina Patmore. The transaction, which took place on the London Stock Exchange, involved the purchase of 5,787 ordinary shares at a price of £1.717 each. This move may indicate confidence in the company’s future performance and could influence stakeholder perceptions positively.

The most recent analyst rating on (GB:HWG) stock is a Hold with a £196.00 price target. To see the full list of analyst forecasts on Harworth stock, see the GB:HWG Stock Forecast page.

Spark’s Take on GB:HWG Stock

According to Spark, TipRanks’ AI Analyst, GB:HWG is a Neutral.

Harworth’s strong financial performance and strategic corporate events are key strengths, contributing to a solid overall score. However, technical indicators suggest a lack of short-term momentum, and cash flow challenges highlight areas for improvement.

To see Spark’s full report on GB:HWG stock, click here.

More about Harworth

Harworth Group plc operates in the real estate industry, focusing on the development and management of industrial and logistics properties in the UK.

Average Trading Volume: 250,293

Technical Sentiment Signal: Buy

Current Market Cap: £559.7M

For an in-depth examination of HWG stock, go to TipRanks’ Overview page.

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