NWF Group (LON:NWF) Shares Cross Below 200 Day Moving Average - What's Next?

Key Points

• NWF Group's shares have fallen below their two hundred day moving average, with recent trading at GBX 169.30 ($2.29) compared to the moving average of GBX 170.35 ($2.30).
• Analysts have maintained a "hold" rating for NWF Group, with the stock currently having an average rating of "Hold" according to MarketBeat.
• The company reported a net margin of 0.96% and earnings per share of GBX 18.60 for the last quarter, with expected EPS of 17.45 for the current fiscal year.

NWF Group plc (LON:NWF - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 170.35 ($2.31) and traded as low as GBX 168.62 ($2.28). NWF Group shares last traded at GBX 169.30 ($2.29), with a volume of 35,255 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a "hold" rating on shares of NWF Group in a report on Tuesday, July 29th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, NWF Group presently has an average rating of "Hold".

NWF Group Stock Down 0.3%

The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22. The firm has a market cap of £83.70 million, a PE ratio of 1,372.36 and a beta of 0.28. The firm's 50 day moving average is GBX 169.48 and its 200-day moving average is GBX 170.34.

NWF Group (LON:NWF - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported GBX 18.60 EPS for the quarter. NWF Group had a net margin of 0.96% and a return on equity of 11.03%. As a group, equities research analysts expect that NWF Group plc will post 17.4489796 earnings per share for the current fiscal year.

About NWF Group

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.