Dowlais Group (LON:DWL) Stock Price Down 0% – What’s Next?

Dowlais Group plc (LON:DWL)’s stock price dropped 0% on Wednesday . The stock traded as low as GBX 63.70 ($0.80) and last traded at GBX 63.93 ($0.80). Approximately 4,103,913 shares were traded 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

Several equities analysts recently commented on the company. Berenberg Bank reissued a “hold” rating and issued a GBX 62 ($0.78) target price on shares of Dowlais Group in a report on Monday, November 25th. Citigroup raised Dowlais Group to a “neutral” rating and set a GBX 58 ($0.73) target price on the stock in a research report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Dowlais Group currently has an average rating of “Hold” and an average target price of GBX 94 ($1.18).

Dowlais Group Stock Down 1.2 %

The firm has a market cap of £863.60 million and a PE ratio of -171.62. The company’s fifty day moving average price is GBX 55.30 and its two-hundred day moving average price is GBX 62.03.

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.