NWF Group (LON:NWF) Share Price Passes Below 200 Day Moving Average – Here’s Why
by Scott Moore · The Cerbat GemNWF Group plc (LON:NWF – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 141.02 and traded as low as GBX 125. NWF Group shares last traded at GBX 126.50, with a volume of 42,129 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group reaffirmed a “hold” rating on shares of NWF Group in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 283.
Check Out Our Latest Stock Analysis on NWF Group
NWF Group Stock Down 0.4%
The stock has a market capitalization of £62.74 million, a PE ratio of 12.05 and a beta of 0.24. The firm has a 50 day moving average of GBX 133.28 and a two-hundred day moving average of GBX 140.73. The company has a current ratio of 0.97, a quick ratio of 0.90 and a debt-to-equity ratio of 130.82.
NWF Group (LON:NWF – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 1.60 earnings per share for the quarter. NWF Group had a return on equity of 6.02% and a net margin of 0.60%. Equities research analysts anticipate that NWF Group plc will post 17.4489796 earnings per share for the current year.
Insider Buying and Selling
In related news, insider Amanda Burton bought 18,470 shares of the stock in a transaction on Friday, February 13th. The shares were purchased at an average price of GBX 134 per share, for a total transaction of £24,749.80. Company 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.