NWF Group (LON:NWF) Stock Passes Below 200-Day Moving Average of $206.06

Shares of NWF Group plc (LON:NWF) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 206.06 ($2.55) and traded as low as GBX 200 ($2.47). NWF Group shares last traded at GBX 207.50 ($2.56), with a volume of 23,281 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reissued a “hold” rating on shares of NWF Group in a report on Wednesday, January 31st.

NWF Group Price Performance

The company has a market capitalization of £102.59 million, a P/E ratio of 798.08 and a beta of 0.30. The company has a debt-to-equity ratio of 34.67, a current ratio of 1.07 and a quick ratio of 0.90. The firm’s 50-day moving average is GBX 196.56 and its 200-day moving average is GBX 206.06.

NWF Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Thursday, March 21st will be given a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, March 21st. NWF Group’s payout ratio is 3,076.92%.

Insider Transactions at NWF Group

In related news, insider Christopher James Belsham bought 10,000 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were bought at an average cost of GBX 182 ($2.25) per share, for a total transaction of £18,200 ($22,480.24). 32.58% of the stock is currently owned by company insiders.

NWF Group Company Profile

NWF Group plc, together with its subsidiaries, primarily engages in the sale and distribution of fuel oils in the United Kingdom. It operates through Fuels, Food, and Feeds segments. The Fuels segment sells domestic heating, industrial, and road fuels. This segment owns and operates through a network of 27 depots.