NFI Group Inc. (TSE:NFI) Director Paulo Cezar Nunes Sells 7,000 Shares of Stock

NFI Group Inc. (TSE:NFI) Director Paulo Cezar Nunes sold 7,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$18.00, for a total value of C$126,000.00.

NFI Group Stock Down 2.2 %

Shares of NFI opened at C$11.38 on Wednesday. NFI Group Inc. has a 52 week low of C$9.91 and a 52 week high of C$19.55. The company has a quick ratio of 0.55, a current ratio of 1.71 and a debt-to-equity ratio of 171.59. The stock has a market capitalization of C$943.19 million, a P/E ratio of -38.99, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The business has a 50-day moving average of C$13.03.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on NFI. Cibc World Mkts raised NFI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 4th. BMO Capital Markets lowered NFI Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Finally, CIBC increased their price objective on NFI Group from C$18.50 to C$21.00 in a report on Wednesday, December 4th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$22.20.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.