NWF Group (LON:NWF) Stock Price Passes Below 200-Day Moving Average of $187.74

NWF Group plc (LON:NWF)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 187.74 ($2.51) and traded as low as GBX 157 ($2.10). NWF Group shares last traded at GBX 162.50 ($2.17), with a volume of 286,522 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “hold” rating on shares of NWF Group in a research report on Thursday, June 13th.

NWF Group Trading Up 1.6 %

The company has a market cap of £80.36 million, a P/E ratio of 902.78 and a beta of 0.28. The stock’s 50 day moving average is GBX 166.22 and its 200-day moving average is GBX 187.74. The company has a current ratio of 1.08, a quick ratio of 0.90 and a debt-to-equity ratio of 54.22.

NWF Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, October 31st will be paid a GBX 7.10 ($0.09) dividend. This is a boost from NWF Group’s previous dividend of $1.00. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 4.24%. NWF Group’s payout ratio is presently 4,444.44%.

Insider Activity

In related news, insider Amanda Burton purchased 17,254 shares of the company’s stock in a transaction dated Wednesday, August 14th. The shares were purchased at an average price of GBX 173 ($2.31) per share, with a total value of £29,849.42 ($39,841.72). Insiders own 34.71% of the company’s stock.

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.