NWF Group plc (LON:NWF – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 209.47 ($2.65) and traded as low as GBX 202.06 ($2.55). NWF Group shares last traded at GBX 203 ($2.57), with a volume of 21,752 shares trading hands.
Analysts Set New Price Targets
Separately, Shore Capital restated a “hold” rating on shares of NWF Group in a research report on Wednesday, January 31st.
View Our Latest Stock Analysis on NWF
NWF Group Stock Up 1.5 %
NWF Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Wednesday, May 1st. Investors of record on Thursday, March 21st will be given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, March 21st. This represents a dividend yield of 0.45%. NWF Group’s dividend payout ratio is presently 3,076.92%.
Insider Activity at NWF Group
In other news, insider Christopher James Belsham purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were bought at an average cost of GBX 182 ($2.30) per share, for a total transaction of £18,200 ($23,000.13). 32.58% of the stock is currently owned by corporate insiders.
NWF Group Company Profile
NWF Group plc, together with its subsidiaries, primarily engages in the sale and distribution of fuel oils in the United Kingdom. It operates through Fuels, Food, and Feeds segments. The Fuels segment sells domestic heating, industrial, and road fuels. This segment owns and operates through a network of 27 depots.
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