NWF Group (LON:NWF) Share Price Passes Below 200-Day Moving Average – Time to Sell?

NWF Group plc (LON:NWF)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 153.11 and traded as low as GBX 136. NWF Group shares last traded at GBX 139, with a volume of 285,922 shares trading hands.

Analyst Upgrades and Downgrades

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

NWF Group Price Performance

The company has a market cap of £68.20 million, a price-to-earnings ratio of 11.18 and a beta of 0.20. The company has a debt-to-equity ratio of 130.82, a current ratio of 0.97 and a quick ratio of 0.90. The firm has a 50-day moving average price of GBX 134.91 and a 200 day moving average price of GBX 153.11.

NWF Group (LON:NWF) last released its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 1.60 earnings per share (EPS) for the quarter. NWF Group had a return on equity of 6.02% and a net margin of 0.60%. Sell-side analysts predict that NWF Group plc will post 17.4489796 EPS for the current year.

Insider Buying and Selling

In other NWF Group news, insider Amanda Burton purchased 18,470 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were acquired at an average cost of GBX 134 per share, with a total value of £24,749.80. Corporate insiders own 3.63% of the company’s stock.

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.