NWF Group (LON:NWF) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

NWF Group plc (LON:NWF) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 158.50 ($1.98) and traded as low as GBX 152.20 ($1.90). NWF Group shares last traded at GBX 154 ($1.92), with a volume of 56,546 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital restated a “hold” rating on shares of NWF Group in a research note on Thursday, December 12th.

NWF Group Price Performance

The company’s 50 day simple moving average is GBX 153.11 and its two-hundred day simple moving average is GBX 158.34. The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90. The stock has a market capitalization of £75.42 million, a P/E ratio of 847.28 and a beta of 0.28.

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.