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Harworth Group CEO Acquires Shares, Signaling Confidence in Company Strategy

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Harworth Group CEO Acquires Shares, Signaling Confidence in Company Strategy

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Harworth ( (GB:HWG) ) just unveiled an update.

Harworth Group plc has announced a share purchase by its Chief Executive, Lynda Shillaw, involving 23,225 ordinary shares at a price of £1.722 each. This transaction, conducted on the London Stock Exchange, signifies a vote of confidence in the company’s strategic direction and may positively influence stakeholder perceptions.

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 regeneration of brownfield sites for residential and commercial developments in the UK.

Average Trading Volume: 274,720

Technical Sentiment Signal: Buy

Current Market Cap: £554.9M

See more insights into HWG stock on TipRanks’ Stock Analysis page.

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