NWF Group (LON:NWF) Issues Quarterly Earnings Results

Key Points

• NWF Group reported earnings per share of GBX 18.60 ($0.25) for the quarter, alongside a return on equity of 11.03% and a net margin of 0.96%.
• The company's stock is currently trading at GBX 169.90 ($2.27), with a market capitalization of £84.35 million and a P/E ratio of 9.27.
• Shore Capital has reiterated a "hold" rating on NWF Group shares following the earnings release.

NWF Group (LON:NWF - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX 18.60 ($0.25) earnings per share for the quarter, Digital Look Earnings reports. NWF Group had a net margin of 0.96% and a return on equity of 11.03%.

NWF Group Trading Down 0.9%

LON NWF traded down GBX 1.50 ($0.02) during trading hours on Friday, reaching GBX 168 ($2.22). The company's stock had a trading volume of 20,376 shares, compared to its average volume of 64,173. The firm has a fifty day simple moving average of GBX 169.88 and a 200-day simple moving average of GBX 168.56. The stock has a market cap of £83.41 million, a P/E ratio of 9.16 and a beta of 0.28. NWF Group has a 52 week low of GBX 139.50 ($1.84) and a 52 week high of GBX 181 ($2.39). The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "hold" rating on shares of NWF Group in a report on Tuesday.

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.