NWF Group (LON:NWF) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

NWF Group plc (LON:NWF) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 178.96 ($2.32) and traded as low as GBX 144 ($1.87). NWF Group shares last traded at GBX 149.70 ($1.94), with a volume of 75,438 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reissued a “hold” rating on shares of NWF Group in a research report on Thursday, September 26th.

NWF Group Price Performance

The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22. The company’s 50-day simple moving average is GBX 158.99 and its 200 day simple moving average is GBX 178.57. The company has a market capitalization of £75.27 million, a P/E ratio of 833.33 and a beta of 0.28.

Insider Buying and Selling at NWF Group

In related news, insider Amanda Burton bought 17,254 shares of the firm’s stock in a transaction on Wednesday, August 14th. The stock was purchased at an average price of GBX 173 ($2.24) per share, with a total value of £29,849.42 ($38,710.18). Corporate insiders own 34.71% of the company’s stock.

About NWF Group

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.