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
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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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