NWF Group (LON:NWF) Stock Crosses Below 200-Day Moving Average - Here's What Happened

Key Points

• NWF Group's stock price has fallen below its 200-day moving average, closing at GBX 168.10, which analysts suggest could indicate a sell signal.
• Despite this decline, analysts maintain a consensus "Hold" rating for the stock, with expectations that the company will report approximately 17.45 EPS for the current fiscal year.
• NWF Group operates primarily in fuel distribution across the UK, with a market capitalization of £83.41 million and a debt-to-equity ratio of 54.22.

NWF Group plc (LON:NWF - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 169.93 ($2.29) and traded as low as GBX 168 ($2.27). NWF Group shares last traded at GBX 168.10 ($2.27), with a volume of 32,747 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "hold" rating on shares of NWF Group in a research note on Tuesday, July 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of "Hold".

NWF Group Stock Down 0.6%

The firm has a market cap of £83.41 million, a P/E 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. The company has a fifty day simple moving average of GBX 169.52 and a 200-day simple moving average of GBX 170.27.

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