Nature Wood Group (NASDAQ:NWGL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Nature Wood Group (NASDAQ:NWGL) to a hold rating in a research report released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings lowered shares of Nature Wood Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Nature Wood Group Price Performance

Shares of NASDAQ:NWGL opened at $1.27 on Friday. The company’s fifty day moving average is $0.46 and its two-hundred day moving average is $0.72. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.31 and a quick ratio of 1.08. Nature Wood Group has a 1-year low of $0.19 and a 1-year high of $1.82.

Institutional Trading of Nature Wood Group

A hedge fund recently bought a new position in Nature Wood Group stock. Citadel Advisors LLC bought a new stake in shares of Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 39,355 shares of the company’s stock, valued at approximately $54,000. Citadel Advisors LLC owned 0.24% of Nature Wood Group as of its most recent SEC filing.

About Nature Wood Group

Nature Wood Group, Inc engages in the design, manufacture and sale of wood-based panels and decorative surfaces for use in furniture, cabinetry, flooring and interior fit-outs. The company’s offerings include medium-density fiberboard, melamine-faced panels, decorative paper and edge-banding products, all tailored to meet the specifications of residential and commercial customers.

Through an integrated production model, Nature Wood Group oversees key stages from raw material procurement and wood refining to finishing and quality control.