NWF Group (LON:NWF) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of NWF Group plc (LON:NWF) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 165.01 and traded as low as GBX 127. NWF Group shares last traded at GBX 131.95, with a volume of 18,035 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Panmure Gordon reiterated a “buy” rating and issued a GBX 283 price target on shares of NWF Group in a research report on Monday, November 24th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 283.

NWF Group Price Performance

The company has a fifty day simple moving average of GBX 151.18 and a 200-day simple moving average of GBX 165.01. The company has a market cap of £65.43 million, a P/E ratio of 10.73 and a beta of 0.28. The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90.

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.