NFI Group Inc. (TSE:NFI - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$13.02 and traded as low as C$12.00. NFI Group shares last traded at C$12.17, with a volume of 282,455 shares traded.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on NFI shares. CIBC upped their price objective on shares of NFI Group from C$19.00 to C$20.00 and gave the company an "outperform" rating in a research note on Monday, March 17th. BMO Capital Markets lowered their price objective on NFI Group from C$14.00 to C$13.00 in a research report on Friday, March 14th. Finally, ATB Capital raised their target price on NFI Group from C$24.00 to C$26.00 and gave the stock an "outperform" rating in a research note on Monday, March 17th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, NFI Group currently has a consensus rating of "Buy" and an average target price of C$20.80.
Read Our Latest Analysis on NFI
NFI Group Stock Performance
The company has a market capitalization of C$1.21 billion, a price-to-earnings ratio of -49.85, a P/E/G ratio of -0.07 and a beta of 1.41. The company has a 50 day moving average price of C$11.73 and a 200 day moving average price of C$12.97. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71.
About NFI Group
(
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NFI Group Inc is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company's revenue, includes the manufacture of transit buses for public transportation, and motor coaches.
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