NWF Group (LON:NWF) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

NWF Group plc (LON:NWF) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 138.58 and traded as low as GBX 127. NWF Group shares last traded at GBX 127.31, with a volume of 36,271 shares.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “hold” rating on shares of NWF Group in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 283.

NWF Group Trading Up 7.1%

The company has a debt-to-equity ratio of 130.82, a quick ratio of 0.90 and a current ratio of 0.97. The stock’s 50-day simple moving average is GBX 132.09 and its 200-day simple moving average is GBX 138.58. The firm has a market capitalization of £68.28 million, a PE ratio of 13.11 and a beta of 0.24.

Insider Transactions at NWF Group

In related news, insider Amanda Burton acquired 18,470 shares of NWF Group stock in a transaction on Friday, February 13th. The shares were acquired at an average cost of GBX 134 per share, with a total value of £24,749.80. Insiders own 3.67% of the company’s stock.

About NWF Group

NWF Group is a specialist distributor across the UK. Connecting essential suppliers with their customers, making sure what’s vital gets to where it’s needed most.