NFI Group (OTCMKTS:NFYEF) Trading Down 0.3% – Here’s What Happened

NFI Group Inc. (OTCMKTS:NFYEF) dropped 0.3% on Tuesday . The company traded as low as $12.08 and last traded at $12.08. Approximately 54,948 shares traded hands during mid-day trading, an increase of 95% from the average daily volume of 28,168 shares. The stock had previously closed at $12.12.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on NFYEF shares. CIBC restated an “outperform” rating on shares of NFI Group in a report on Monday, September 29th. BMO Capital Markets reissued an “outperform” rating on shares of NFI Group in a research report on Monday, September 29th. Finally, Scotiabank restated an “outperform” rating on shares of NFI Group in a report on Thursday, December 18th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

NFI Group Trading Down 0.3%

The company has a fifty day simple moving average of $10.64 and a two-hundred day simple moving average of $11.72.

About NFI Group

NFI Group Inc is a leading manufacturer of heavy-duty transit buses and coaches, offering a range of zero-emission, diesel, natural gas and hybrid solutions for public transportation authorities and private operators. Through its flagship brands—New Flyer in North America and Alexander Dennis in the United Kingdom—NFI Group develops, assembles and delivers complete transit and motorcoach vehicles designed to meet evolving environmental standards and customer demands for performance, safety and rider comfort.

Headquartered in Winnipeg, Manitoba, NFI Group operates multiple manufacturing facilities across Canada, the United States, Mexico and the United Kingdom, supported by a global parts, service and remanufacturing network.