NFI Group (OTCMKTS:NFYEF) Shares Up 1.6% – Time to Buy?

Shares of NFI Group Inc. (OTCMKTS:NFYEF) traded up 1.6% during mid-day trading on Wednesday . The company traded as high as $14.07 and last traded at $14.06. 22,930 shares changed hands during trading, a decline of 12% from the average session volume of 26,004 shares. The stock had previously closed at $13.84.

Analyst Upgrades and Downgrades

Separately, Scotiabank reaffirmed an “outperform” rating on shares of NFI Group in a report on Thursday, January 29th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

NFI Group Trading Up 1.6%

The company has a 50-day moving average price of $12.66 and a two-hundred day moving average price of $11.46.

NFI Group Company Profile

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.