Nature Wood Group (NASDAQ:NWGL) Issues Quarterly Earnings Results

Nature Wood Group (NASDAQ:NWGL) released its earnings results on Tuesday. The company reported ($0.04) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $1.48 million for the quarter.

Nature Wood Group Trading Down 4.2%

NASDAQ NWGL opened at $1.25 on Thursday. The business’s 50-day moving average price is $0.93 and its 200 day moving average price is $0.74. Nature Wood Group has a twelve month low of $0.19 and a twelve month high of $1.98.

Wall Street Analysts Forecast Growth

NWGL has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Nature Wood Group to a “hold” rating in a report on Saturday, September 5th. Weiss Ratings upgraded shares of Nature Wood Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

About Nature Wood Group

Nature Wood Group Limited (NASDAQ: NWGL) is a forestry and wood-products company focused on the development, processing, and sale of timber and related wood products. Its business is centered on sourcing and managing forest resources and supplying wood materials for use in construction, furniture, manufacturing, and other applications.

The company’s activities include the sale of logs and processed timber, along with other forest-derived products. Nature Wood Group emphasizes the use and management of forest resources and serves customers in the wood-products supply chain, with operations and business activities primarily associated with China.

Publicly available information about the company’s operating segments, geographic expansion, and leadership history is limited.