Nature Wood Group (NASDAQ:NWGL) Releases Quarterly Earnings Results

Nature Wood Group (NASDAQ:NWGL) announced its earnings results on Monday. The company reported ($0.16) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $3.22 million for the quarter.

Nature Wood Group Price Performance

NASDAQ:NWGL opened at $0.99 on Monday. The company’s 50-day moving average price is $1.05 and its 200-day moving average price is $1.21. Nature Wood Group has a twelve month low of $0.61 and a twelve month high of $6.61.

Hedge Funds Weigh In On Nature Wood Group

A hedge fund recently bought a new stake in Nature Wood Group stock. Citadel Advisors LLC purchased a new position in Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 39,355 shares of the company’s stock, valued at approximately $54,000. Citadel Advisors LLC owned approximately 0.24% of Nature Wood Group at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Nature Wood Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Nature Wood Group presently has a consensus rating of “Sell”.

About Nature Wood Group

Nature Wood Group, Inc engages in the design, manufacture and sale of wood-based panels and decorative surfaces for use in furniture, cabinetry, flooring and interior fit-outs. The company’s offerings include medium-density fiberboard, melamine-faced panels, decorative paper and edge-banding products, all tailored to meet the specifications of residential and commercial customers.

Through an integrated production model, Nature Wood Group oversees key stages from raw material procurement and wood refining to finishing and quality control.