NWF Group (LON:NWF) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

NWF Group plc (LON:NWF)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 159.42 ($2.12) and traded as high as GBX 177 ($2.35). NWF Group shares last traded at GBX 177 ($2.35), with a volume of 371,812 shares changing hands.

Analyst Upgrades and Downgrades

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

NWF Group Stock Performance

The company has a current ratio of 1.08, a quick ratio of 0.90 and a debt-to-equity ratio of 54.22. The firm’s fifty day moving average is GBX 171.21 and its 200 day moving average is GBX 159.42. The company has a market cap of £87.88 million, a PE ratio of 9.65 and a beta of 0.28.

NWF Group (LON:NWF) last released its quarterly earnings results on Tuesday, February 4th. The company reported GBX 5.50 ($0.07) earnings per share for the quarter. NWF Group had a net margin of 0.96% and a return on equity of 11.03%. As a group, research analysts predict that NWF Group plc will post 17.4489796 EPS for the current fiscal year.

NWF Group Cuts Dividend

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

Insider Buying and Selling

In other NWF Group news, insider Timothy (Tim) J. Cooper purchased 8,500 shares of the stock in a transaction that occurred on Wednesday, April 9th. The shares were purchased at an average cost of GBX 174 ($2.31) per share, for a total transaction of £14,790 ($19,623.19). 34.71% 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.