NWF Group (LON:NWF) Shares Pass Above 50 Day Moving Average – What’s Next?

Shares of NWF Group plc (LON:NWF) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 131.90 and traded as high as GBX 134. NWF Group shares last traded at GBX 133.12, with a volume of 64,744 shares traded.

Analyst Upgrades and Downgrades

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

NWF Group Stock Down 0.4%

The company has a current ratio of 0.97, a quick ratio of 0.90 and a debt-to-equity ratio of 130.82. The business’s 50-day simple moving average is GBX 131.90 and its 200-day simple moving average is GBX 133.12. The company has a market capitalization of £65.97 million, a PE ratio of 12.67 and a beta of 0.22.

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.