NWF Group (LON:NWF) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

NWF Group plc (LON:NWF)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 133.54 and traded as high as GBX 139. NWF Group shares last traded at GBX 139, with a volume of 123,777 shares trading hands.

Analysts Set New Price Targets

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

NWF Group Price Performance

The company’s 50-day simple moving average is GBX 133.54 and its 200 day simple moving average is GBX 154.33. The company has a market cap of £68.92 million, a PE ratio of 11.30 and a beta of 0.28. 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 (LON:NWF) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 1.60 earnings per share for the quarter. NWF Group had a return on equity of 11.03% and a net margin of 0.96%. On average, sell-side analysts predict that NWF Group plc will post 17.4489796 earnings per share for the current fiscal year.

Insider Transactions at NWF Group

In related news, insider Amanda Burton acquired 18,470 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was acquired at an average price of GBX 134 per share, for a total transaction of £24,749.80. 3.63% of the stock is owned by corporate insiders.

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.