NWF Group (LON:NWF) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of NWF Group plc (LON:NWF) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 136.54 and traded as low as GBX 132. NWF Group shares last traded at GBX 133.41, with a volume of 65,333 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “hold” rating on shares of NWF Group in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, NWF Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 283.

NWF Group Stock Up 0.3%

The company has a debt-to-equity ratio of 130.82, a current ratio of 0.97 and a quick ratio of 0.90. The company has a market cap of £66.17 million, a P/E ratio of 12.71 and a beta of 0.24. The stock has a 50-day moving average of GBX 131.51 and a 200 day moving average of GBX 136.54.

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.