Insider Selling: NFI Group Inc. (TSE:NFI) Director Sells C$126,000.00 in Stock

NFI Group Inc. (TSE:NFI) Director Paulo Cezar Nunes sold 7,000 shares of NFI Group stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of C$18.00, for a total transaction of C$126,000.00.

NFI Group Stock Down 1.0 %

NFI opened at C$11.16 on Friday. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71. NFI Group Inc. has a fifty-two week low of C$9.91 and a fifty-two week high of C$19.55. The firm’s fifty day moving average is C$12.87 and its 200 day moving average is C$15.69. The stock has a market cap of C$924.96 million, a price-to-earnings ratio of -38.23, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on NFI shares. Cibc World Mkts raised shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. CIBC boosted their price objective on shares of NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th. Finally, BMO Capital Markets downgraded shares of NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$22.20.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.