NFI Group Inc (TSE:NFI) Senior Officer Paul Soubry Buys 4,000 Shares
NFI Group Inc (TSE:NFI) Senior Officer Paul Soubry bought 4,000 shares of the company’s stock in a transaction on Friday, August 16th. The stock was bought at an average price of C$25.15 per share, for a total transaction of C$100,604.80. Following the completion of the purchase, the insider now owns 356,440 shares of the company’s stock, valued at C$8,964,893.73.
NFI traded up C$0.26 during midday trading on Friday, reaching C$25.50. The company had a trading volume of 323,700 shares, compared to its average volume of 308,672. The company has a debt-to-equity ratio of 103.69, a quick ratio of 0.87 and a current ratio of 1.99. The stock has a market cap of $1.59 billion and a PE ratio of 10.90. NFI Group Inc has a 12-month low of C$24.89 and a 12-month high of C$52.48. The business has a 50-day moving average price of C$31.83 and a two-hundred day moving average price of C$33.37.
A number of research analysts have weighed in on the stock. BMO Capital Markets dropped their target price on shares of NFI Group from C$33.00 to C$30.00 in a research note on Thursday. Scotiabank reiterated a “buy” rating and issued a C$50.00 target price on shares of NFI Group in a research note on Sunday, April 21st. CIBC dropped their target price on shares of NFI Group from C$45.00 to C$41.00 in a research note on Wednesday, July 17th. TD Securities dropped their target price on shares of NFI Group from C$34.00 to C$30.00 and set a “hold” rating on the stock in a research note on Friday. Finally, National Bank Financial dropped their target price on shares of NFI Group from C$39.00 to C$37.00 and set an “outperform” rating on the stock in a research note on Thursday.
NFI Group Inc, together with its subsidiaries, manufactures heavy-duty transit buses, medium-duty buses, low-floor cutaway buses, and motor coaches in the United States and Canada. It operates through two segments, Transit Bus and Motor Coach Manufacturing Operations; and Aftermarket Operations. The Transit Bus and Motor Coach Manufacturing Operations segment designs, manufactures, and sells heavy-duty transit buses, motor coaches, medium-duty buses and cutaways.
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