NFI Group (OTCMKTS:NFYEF) Shares Down 0.3% – What’s Next?

NFI Group Inc. (OTCMKTS:NFYEF)’s stock price fell 0.3% during trading on Tuesday . The company traded as low as $12.08 and last traded at $12.08. 54,948 shares changed hands during mid-day trading, an increase of 95% from the average session volume of 28,168 shares. The stock had previously closed at $12.12.

Analyst Ratings Changes

NFYEF has been the subject of several recent analyst reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of NFI Group in a research report on Monday, September 29th. CIBC reissued an “outperform” rating on shares of NFI Group in a report on Monday, September 29th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of NFI Group in a report on Thursday, December 18th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, NFI Group currently has an average rating of “Buy”.

NFI Group Price Performance

The firm’s fifty day moving average price is $10.64 and its 200-day moving average price is $11.72.

NFI Group Company Profile

NFI Group Inc is a leading manufacturer of heavy-duty transit buses and coaches, offering a range of zero-emission, diesel, natural gas and hybrid solutions for public transportation authorities and private operators. Through its flagship brands—New Flyer in North America and Alexander Dennis in the United Kingdom—NFI Group develops, assembles and delivers complete transit and motorcoach vehicles designed to meet evolving environmental standards and customer demands for performance, safety and rider comfort.

Headquartered in Winnipeg, Manitoba, NFI Group operates multiple manufacturing facilities across Canada, the United States, Mexico and the United Kingdom, supported by a global parts, service and remanufacturing network.