Dowlais Group (LON:DWL) Trading Down 0% – Time to Sell?

Dowlais Group plc (LON:DWL)’s stock price dropped 0% during mid-day trading on Wednesday . The company traded as low as GBX 63.70 ($0.80) and last traded at GBX 63.93 ($0.80). Approximately 4,103,913 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 7,627,701 shares. The stock had previously closed at GBX 63.95 ($0.80).

Analyst Ratings Changes

DWL has been the subject of several recent research reports. Berenberg Bank reaffirmed a “hold” rating and set a GBX 62 ($0.78) price target on shares of Dowlais Group in a report on Monday, November 25th. Citigroup upgraded shares of Dowlais Group to a “neutral” rating and set a GBX 58 ($0.73) target price for the company in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 94 ($1.18).

Dowlais Group Stock Performance

The company has a market capitalization of £884 million and a price-to-earnings ratio of -175.68. The company has a fifty day simple moving average of GBX 55.69 and a two-hundred day simple moving average of GBX 62.01.

Dowlais Group Company Profile

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.