NWF Group (LON:NWF) Stock Passes Above 200 Day Moving Average – What’s Next?

Shares of NWF Group plc (LON:NWF) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 137.41 and traded as high as GBX 155. NWF Group shares last traded at GBX 154, with a volume of 75,158 shares.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “hold” rating and set a GBX 145 price target on shares of NWF Group in a report on Tuesday, July 28th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 214.

NWF Group Stock Performance

The firm has a market cap of £76.38 million, a price-to-earnings ratio of 8.42 and a beta of 0.23. The stock’s 50 day moving average is GBX 144.72 and its 200 day moving average is GBX 137.41. The company has a current ratio of 1.01, a quick ratio of 0.90 and a debt-to-equity ratio of 73.62.

NWF Group (LON:NWF) last issued its quarterly earnings data on Tuesday, July 28th. The company reported GBX 18.10 earnings per share (EPS) for the quarter. NWF Group had a net margin of 1.00% and a return on equity of 10.04%. Analysts anticipate that NWF Group plc will post 17.4489796 earnings per share for the current year.

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.