NWF Group (LON:NWF) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

NWF Group plc (LON:NWF)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 133.54 and traded as high as GBX 139. NWF Group shares last traded at GBX 139, with a volume of 123,777 shares changing hands.

Wall Street Analysts Forecast Growth

NWF has been the subject of a number of analyst reports. Panmure Gordon reiterated a “buy” rating and set a GBX 283 target price on shares of NWF Group in a research note on Monday, November 24th. Shore Capital Group reaffirmed a “hold” rating on shares of NWF Group in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 283.

NWF Group Stock Performance

The firm has a fifty day simple moving average of GBX 133.54 and a 200-day simple moving average of GBX 154.33. The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22. The company has a market cap of £68.92 million, a PE ratio of 11.30 and a beta of 0.28.

NWF Group (LON:NWF) last posted its earnings results on Tuesday, February 3rd. The company reported GBX 1.60 earnings per share for the quarter. NWF Group had a return on equity of 11.03% and a net margin of 0.96%. On average, research analysts forecast that NWF Group plc will post 17.4489796 EPS for the current fiscal year.

Insider Buying and Selling at NWF Group

In other NWF Group news, insider Amanda Burton bought 18,470 shares of the stock in a transaction dated Friday, February 13th. The shares were acquired at an average cost of GBX 134 per share, for a total transaction of £24,749.80. Insiders own 3.63% of the company’s stock.

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.