NWF Group (LON:NWF) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

NWF Group plc (LON:NWF)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 148.98 and traded as low as GBX 131. NWF Group shares last traded at GBX 132, with a volume of 134,038 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “hold” rating on shares of NWF Group in a report on Tuesday, February 3rd. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 283.

NWF Group Trading Down 0.4%

The company has a quick ratio of 0.90, a current ratio of 0.97 and a debt-to-equity ratio of 130.82. The business has a 50-day simple moving average of GBX 135.43 and a 200-day simple moving average of GBX 148.98. The company has a market cap of £65.47 million, a PE ratio of 12.57 and a beta of 0.20.

NWF Group (LON:NWF) last released its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 1.60 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 Transactions at NWF Group

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