NWF Group (LON:NWF) Share Price Passes Below Two Hundred Day Moving Average of $189.79

NWF Group plc (LON:NWF) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 189.79 ($2.50) and traded as low as GBX 160 ($2.10). NWF Group shares last traded at GBX 165 ($2.17), with a volume of 40,517 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “hold” rating on shares of NWF Group in a research report on Thursday, June 13th.

NWF Group Trading Down 1.5 %

The stock has a market cap of £81.59 million, a PE ratio of 916.67 and a beta of 0.28. The company has a 50 day moving average of GBX 169.59 and a two-hundred day moving average of GBX 189.79. The company has a debt-to-equity ratio of 54.22, a quick ratio of 0.90 and a current ratio of 1.08.

NWF Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, October 31st will be paid a dividend of GBX 7.10 ($0.09) per share. This represents a dividend yield of 4.24%. This is an increase from NWF Group’s previous dividend of $1.00. The ex-dividend date is Thursday, October 31st. NWF Group’s dividend payout ratio is presently 4,444.44%.

Insider Activity

In related news, insider Amanda Burton acquired 17,254 shares of NWF Group stock in a transaction on Wednesday, August 14th. The stock was bought at an average cost of GBX 173 ($2.27) per share, for a total transaction of £29,849.42 ($39,249.73). Insiders own 31.04% of the company’s stock.

About NWF Group

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.