NWF Group (LON:NWF) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of NWF Group plc (LON:NWF) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 156.33 and traded as low as GBX 130. NWF Group shares last traded at GBX 131.50, with a volume of 138,237 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on NWF shares. Shore Capital Group reissued a “hold” rating on shares of NWF Group in a report on Tuesday, February 3rd. Panmure Gordon reaffirmed a “buy” rating and set a GBX 283 price target on shares of NWF Group in a research note on Monday, November 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, NWF Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 283.

NWF Group Stock Down 0.8%

The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22. The firm has a market capitalization of £65.22 million, a PE ratio of 10.69 and a beta of 0.28. The business’s 50-day moving average price is GBX 132.59 and its 200-day moving average price is GBX 156.33.

NWF Group (LON:NWF) last released its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 1.60 earnings per share for the quarter. NWF Group had a net margin of 0.96% and a return on equity of 11.03%. As a group, equities research analysts predict that NWF Group plc will post 17.4489796 EPS for the current fiscal year.

NWF Group Company Profile

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.