NWF Group (LON:NWF) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

NWF Group plc (LON:NWF) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 153.11 and traded as low as GBX 136. NWF Group shares last traded at GBX 139, with a volume of 285,922 shares traded.

Analyst Ratings Changes

NWF has been the subject of a number of analyst reports. Shore Capital Group reissued a “hold” rating on shares of NWF Group in a research report on Tuesday, February 3rd. Panmure Gordon reiterated a “buy” rating and set a GBX 283 price target on shares of NWF Group in a report on Monday, November 24th. One equities research 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, NWF Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 283.

NWF Group Stock Down 0.2%

The company has a market cap of £68.05 million, a price-to-earnings ratio of 11.15 and a beta of 0.20. The company has a debt-to-equity ratio of 130.82, a current ratio of 0.97 and a quick ratio of 0.90. The firm has a 50-day moving average price of GBX 135.12 and a 200 day moving average price of GBX 152.89.

NWF Group (LON:NWF) last released its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 1.60 earnings per share (EPS) for the quarter. NWF Group had a return on equity of 6.02% and a net margin of 0.60%. Sell-side analysts predict that NWF Group plc will post 17.4489796 EPS for the current year.

Insider Buying and Selling

In other NWF Group news, insider Amanda Burton acquired 18,470 shares of the company’s stock in a transaction on Friday, February 13th. The stock was acquired at an average price of GBX 134 per share, for a total transaction of £24,749.80. Corporate insiders own 3.63% of the company’s stock.

About NWF Group

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.