NWF Group (LON:NWF) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

NWF Group plc (LON:NWF) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 137.41 and traded as high as GBX 155. NWF Group shares last traded at GBX 154, with a volume of 75,158 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “hold” rating and set a GBX 145 target price on shares of NWF Group in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 214.

NWF Group Price Performance

The company has a debt-to-equity ratio of 73.62, a current ratio of 1.01 and a quick ratio of 0.90. The stock has a market capitalization of £75.39 million, a price-to-earnings ratio of 8.31 and a beta of 0.23. The stock has a 50 day moving average price of GBX 145.06 and a 200-day moving average price of GBX 137.53.

NWF Group (LON:NWF) last announced its quarterly earnings data on Tuesday, July 28th. The company reported GBX 18.10 earnings per share for the quarter. NWF Group had a return on equity of 10.04% and a net margin of 1.00%. On average, analysts forecast that NWF Group plc will post 17.4489796 earnings per share for the current year.

NWF Group Company Profile

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.