NWF Group (LON:NWF) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

NWF Group plc (LON:NWF)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 160.28 ($1.97) and traded as low as GBX 153 ($1.88). NWF Group shares last traded at GBX 155.20 ($1.91), with a volume of 49,886 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “hold” rating on shares of NWF Group in a report on Thursday, December 12th.

NWF Group Price Performance

The company has a market cap of £77.14 million, a PE ratio of 866.67 and a beta of 0.28. The business has a 50 day moving average of GBX 151.74 and a 200 day moving average of GBX 160.06. The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90.

About NWF Group

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.