NWF Group (LON:NWF) Stock Passes Below 200 Day Moving Average – Here’s Why

NWF Group plc (LON:NWF) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 150.56 and traded as low as GBX 130. NWF Group shares last traded at GBX 130.50, with a volume of 146,193 shares traded.

Analyst Ratings Changes

A number of research analysts have recently weighed in on NWF shares. Shore Capital Group reissued a “hold” rating on shares of NWF Group in a research report on Tuesday, February 3rd. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 283 price target on shares of NWF Group in a report on Monday, November 24th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 283.

NWF Group Price Performance

The company has a debt-to-equity ratio of 130.82, a quick ratio of 0.90 and a current ratio of 0.97. The company has a market cap of £64.73 million, a P/E ratio of 12.43 and a beta of 0.20. The firm has a 50 day moving average price of GBX 135.54 and a two-hundred day moving average price of GBX 150.56.

NWF Group (LON:NWF) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 1.60 earnings per share (EPS) for the quarter. NWF Group had a return on equity of 6.02% and a net margin of 0.60%. On average, analysts predict that NWF Group plc will post 17.4489796 EPS for the current fiscal year.

Insider Activity at NWF Group

In other NWF Group news, insider Amanda Burton acquired 18,470 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was bought at an average cost of GBX 134 per share, with a total value of £24,749.80. Insiders own 3.67% of the company’s stock.

About NWF Group

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.