NWF Group (LON:NWF) Shares Pass Below Two Hundred Day Moving Average of $206.79

NWF Group plc (LON:NWF) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 206.79 ($2.62) and traded as low as GBX 200 ($2.53). NWF Group shares last traded at GBX 205 ($2.59), with a volume of 16,445 shares.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of NWF Group in a report on Wednesday, January 31st.

NWF Group Stock Performance

The company has a market cap of £101.35 million, a PE ratio of 788.46 and a beta of 0.30. The company has a current ratio of 1.07, a quick ratio of 0.90 and a debt-to-equity ratio of 34.67. The business has a fifty day moving average of GBX 195.27 and a 200-day moving average of GBX 206.79.

NWF Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 1st. Investors of record on Thursday, March 21st will be issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, March 21st. This represents a yield of 0.45%. NWF Group’s dividend payout ratio is presently 3,076.92%.

Insider Activity at NWF Group

In other NWF Group news, insider Christopher James Belsham purchased 10,000 shares of NWF Group stock in a transaction that occurred on Friday, March 1st. The shares were bought at an average price of GBX 182 ($2.30) per share, for a total transaction of £18,200 ($23,035.06). 32.58% of the stock is owned by company insiders.

NWF Group Company Profile

NWF Group plc, together with its subsidiaries, primarily engages in the sale and distribution of fuel oils in the United Kingdom. It operates through Fuels, Food, and Feeds segments. The Fuels segment sells domestic heating, industrial, and road fuels. This segment owns and operates through a network of 27 depots.