NWF Group (LON:NWF) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

NWF Group plc (LON:NWF) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 160.15 and traded as low as GBX 130. NWF Group shares last traded at GBX 130.45, with a volume of 34,648 shares changing hands.

Analyst Ratings Changes

Separately, Panmure Gordon reissued a “buy” rating and set a GBX 283 price target on shares of NWF Group in a research report on Monday, November 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 283.

NWF Group Price Performance

The business has a fifty day moving average of GBX 135.52 and a 200 day moving average of GBX 160.15. The firm has a market cap of £64.70 million, a P/E ratio of 10.61 and a beta of 0.28. The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22.

About NWF Group

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.