NWF Group (LON:NWF) Share Price Passes Below 200 Day Moving Average – What’s Next?

NWF Group plc (LON:NWF)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 134.87 and traded as low as GBX 132. NWF Group shares last traded at GBX 132.87, with a volume of 2,438,614 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “hold” rating on shares of NWF Group in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 283.

NWF Group Stock Down 0.3%

The company has a market cap of £65.53 million, a P/E ratio of 12.58 and a beta of 0.21. The stock has a 50-day moving average of GBX 131.24 and a two-hundred day moving average of GBX 134.87. The company has a debt-to-equity ratio of 130.82, a quick ratio of 0.90 and a current ratio of 0.97.

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.