NFI Group (TSE:NFI) Insider Purchases C$10,048.00 in Stock

NFI Group Inc. (TSE:NFI) insider Stephen King acquired 640 shares of the company’s stock in a transaction on Tuesday, December 23rd. The shares were purchased at an average cost of C$15.70 per share, with a total value of C$10,048.00. Following the completion of the acquisition, the insider directly owned 640 shares in the company, valued at approximately C$10,048. The trade was a ∞ increase in their position.

NFI Group Price Performance

Shares of NFI opened at C$16.89 on Tuesday. The stock has a market cap of C$2.01 billion, a P/E ratio of -6.93, a price-to-earnings-growth ratio of -0.07 and a beta of 0.60. NFI Group Inc. has a 1 year low of C$9.83 and a 1 year high of C$19.90. The stock’s 50-day moving average price is C$14.97 and its two-hundred day moving average price is C$16.19. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59.

NFI Group (TSE:NFI) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.10 EPS for the quarter. NFI Group had a negative return on equity of 3.45% and a negative net margin of 0.79%. On average, equities analysts predict that NFI Group Inc. will post 1.2814107 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on NFI shares. BMO Capital Markets dropped their price objective on shares of NFI Group from C$18.00 to C$17.00 in a report on Monday, December 8th. Scotiabank lowered their target price on NFI Group from C$23.00 to C$22.00 in a report on Monday, September 29th. National Bankshares cut their price target on NFI Group from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Finally, CIBC reduced their price objective on NFI Group from C$23.00 to C$20.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, NFI Group presently has an average rating of “Buy” and a consensus price target of C$21.67.

About NFI Group

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation. With over 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts¿.