NWF Group (LON:NWF) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

NWF Group plc (LON:NWF) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 158.62 ($2.05) and traded as high as GBX 170.70 ($2.20). NWF Group shares last traded at GBX 169.60 ($2.19), with a volume of 118,033 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of NWF Group in a research report on Tuesday, February 4th.

NWF Group Stock Performance

The firm’s fifty day simple moving average is GBX 168.05 and its 200 day simple moving average is GBX 158.73. The company has a market capitalization of £83.80 million, a price-to-earnings ratio of 9.21 and a beta of 0.28. The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90.

NWF Group (LON:NWF) last posted its quarterly earnings data on Tuesday, February 4th. The company reported GBX 5.50 ($0.07) EPS for the quarter. NWF Group had a net margin of 0.96% and a return on equity of 11.03%. On average, sell-side analysts forecast that NWF Group plc will post 17.4489796 EPS for the current year.

NWF Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, March 20th will be paid a GBX 1 ($0.01) dividend. This represents a yield of 0.58%. The ex-dividend date of this dividend is Thursday, March 20th. NWF Group’s dividend payout ratio is currently 43.64%.

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.