Free Trial

NFI Group (TSE:NFI) Share Price Crosses Above 50 Day Moving Average - Here's Why

NFI Group logo with Consumer Cyclical background

NFI Group Inc. (TSE:NFI - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$12.43 and traded as high as C$15.28. NFI Group shares last traded at C$15.20, with a volume of 111,489 shares traded.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. ATB Capital raised their target price on NFI Group from C$24.00 to C$26.00 and gave the company an "outperform" rating in a report on Monday, March 17th. BMO Capital Markets reduced their price objective on NFI Group from C$14.00 to C$13.00 in a research report on Friday, March 14th. Finally, CIBC upped their target price 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. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, NFI Group has a consensus rating of "Buy" and an average target price of C$20.80.

Check Out Our Latest Stock Analysis on NFI

NFI Group Price Performance

The company has a market cap of C$1.32 billion, a P/E ratio of -54.57, a PEG ratio of -0.07 and a beta of 1.41. The company has a fifty day moving average price of C$12.65 and a two-hundred day moving average price of C$12.84. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71.

NFI Group Company Profile

(Get Free Report)

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.

Read More

Should You Invest $1,000 in NFI Group Right Now?

Before you consider NFI Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NFI Group wasn't on the list.

While NFI Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next Palantir? AI-Defense Stock Set for Explosive Growth
2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines