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

Key Points

• NWF Group's stock price has fallen below its 200-day moving average of GBX 170.17, trading down to GBX 169.80 ($2.30).
• The company currently holds a "Hold" rating according to Shore Capital, with a consensus "Hold" recommendation from analysts.
• NWF Group reported
  Earnings Per Share (EPS) of GBX 18.60 for the last quarter and projects a total EPS of approximately 17.45 for the current fiscal year.

Shares of NWF Group plc (LON:NWF - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 170.17 ($2.31) and traded as low as GBX 169.56 ($2.30). NWF Group shares last traded at GBX 169.80 ($2.30), with a volume of 12,767 shares.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "hold" rating on shares of NWF Group in a report on Tuesday, July 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of "Hold".

NWF Group Stock Down 0.7%

The company has a debt-to-equity ratio of 54.22, a quick ratio of 0.90 and a current ratio of 1.08. The stock has a market cap of £85.17 million, a P/E ratio of 1,396.34 and a beta of 0.28. The stock's fifty day simple moving average is GBX 169.61 and its 200-day simple moving average is GBX 170.22.

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