NFI Group (OTCMKTS:NFYEF) Stock Price Down 1.8% – What’s Next?

NFI Group Inc. (OTCMKTS:NFYEF) shares dropped 1.8% during trading on Tuesday . The company traded as low as $11.4450 and last traded at $11.4450. Approximately 20,116 shares were traded during trading, a decline of 21% from the average daily volume of 25,352 shares. The stock had previously closed at $11.66.

Analyst Upgrades and Downgrades

NFYEF has been the subject of a number of research analyst reports. BMO Capital Markets reiterated an “outperform” rating on shares of NFI Group in a research report on Monday, September 29th. Scotiabank reaffirmed an “outperform” rating on shares of NFI Group in a research note on Thursday, December 18th. Finally, CIBC reissued an “outperform” rating on shares of NFI Group in a research report on Monday, September 29th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

NFI Group Trading Down 1.8%

The business has a fifty day moving average price of $10.07 and a 200 day moving average price of $11.80.

About NFI Group

NFI Group Inc is a leading manufacturer of heavy-duty transit buses and coaches, offering a range of zero-emission, diesel, natural gas and hybrid solutions for public transportation authorities and private operators. Through its flagship brands—New Flyer in North America and Alexander Dennis in the United Kingdom—NFI Group develops, assembles and delivers complete transit and motorcoach vehicles designed to meet evolving environmental standards and customer demands for performance, safety and rider comfort.

Headquartered in Winnipeg, Manitoba, NFI Group operates multiple manufacturing facilities across Canada, the United States, Mexico and the United Kingdom, supported by a global parts, service and remanufacturing network.