NWF Group (LON:NWF) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of NWF Group plc (LON:NWF) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 136.61 and traded as high as GBX 151.99. NWF Group shares last traded at GBX 151.80, with a volume of 57,286 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital Group restated a “hold” rating and set a GBX 145 price target on shares of NWF Group in a research note on Tuesday, July 28th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 214.

NWF Group Trading Down 0.8%

The stock has a market capitalization of £75.29 million, a PE ratio of 8.30 and a beta of 0.22. The stock’s 50 day moving average price is GBX 142.59 and its 200-day moving average price is GBX 136.61. The company has a quick ratio of 0.90, a current ratio of 1.01 and a debt-to-equity ratio of 73.62.

NWF Group (LON:NWF) last released its earnings results on Tuesday, July 28th. The company reported GBX 18.10 earnings per share for the quarter. NWF Group had a net margin of 1.00% and a return on equity of 10.04%. On average, sell-side analysts expect that NWF Group plc will post 17.4489796 earnings per share for the current fiscal year.

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.