NWF Group (LON:NWF) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

Key Points

• NWF Group's stock has fallen below its two hundred day moving average, currently trading at GBX 167 ($2.22), with a volume of 111,838 shares exchanged.
• The company has a market capitalization of £83.06 million and reported a P/E ratio of 9.13 alongside a return on equity of 11.03%.
• Shore Capital has maintained a "hold" rating on NWF Group shares as of July 29th, indicating a cautious outlook on the stock's performance.

NWF Group plc (LON:NWF - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 168.90 ($2.27) and traded as low as GBX 166.20 ($2.24). NWF Group shares last traded at GBX 167 ($2.25), with a volume of 111,838 shares.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "hold" rating on shares of NWF Group in a research report on Tuesday, July 29th.

NWF Group Trading Up 0.6%

The business's 50-day simple moving average is GBX 170.25 and its two-hundred day simple moving average is GBX 168.96. The firm has a market capitalization of £83.41 million, a price-to-earnings ratio of 9.16 and a beta of 0.28. The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22.

NWF Group (LON:NWF - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported GBX 18.60 ($0.25) earnings per share for the quarter. NWF Group had a net margin of 0.96% and a return on equity of 11.03%. Equities analysts forecast that NWF Group plc will post 17.4489796 earnings per share for the current year.

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.