NWF Group (LON:NWF) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

NWF Group plc (LON:NWF) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 169.45 and traded as low as GBX 125. NWF Group shares last traded at GBX 130.50, with a volume of 150,497 shares.

Analyst Upgrades and Downgrades

Separately, Panmure Gordon reissued a “buy” rating and set a GBX 283 target price on shares of NWF Group in a research note on Monday, November 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 283.

NWF Group Price Performance

The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90. The firm has a market capitalization of £64.96 million, a price-to-earnings ratio of 10.65 and a beta of 0.28. The business’s fifty day simple moving average is GBX 169.29 and its 200 day simple moving average is GBX 169.45.

NWF Group Company Profile

NWF Group is a specialist distributor across the UK. Connecting essential suppliers with their customers, making sure what’s vital gets to where it’s needed most.