Nature Wood Group (NASDAQ:NWGL) Cut to Sell at Wall Street Zen

by · The Markets Daily

Wall Street Zen lowered shares of Nature Wood Group (NASDAQ:NWGL – Free Report) from a hold rating to a sell rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings raised shares of Nature Wood Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, Nature Wood Group has an average rating of “Sell”.

View Our Latest Research Report on Nature Wood Group

Nature Wood Group Stock Down 4.3%

Shares of NWGL stock opened at $1.12 on Friday. The business’s fifty day moving average is $0.99 and its 200 day moving average is $0.75. Nature Wood Group has a twelve month low of $0.19 and a twelve month high of $1.98. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 0.06.

Nature Wood Group (NASDAQ:NWGL – Get Free Report) last posted its quarterly earnings data on Tuesday, October 6th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $1.48 million during the quarter.

Nature Wood Group Company Profile

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Nature Wood Group Limited (NASDAQ: NWGL) is a forestry and wood-products company focused on the development, processing, and sale of timber and related wood products. Its business is centered on sourcing and managing forest resources and supplying wood materials for use in construction, furniture, manufacturing, and other applications.

The company’s activities include the sale of logs and processed timber, along with other forest-derived products. Nature Wood Group emphasizes the use and management of forest resources and serves customers in the wood-products supply chain, with operations and business activities primarily associated with China.

Publicly available information about the company’s operating segments, geographic expansion, and leadership history is limited.

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