NWF Group (LON:NWF) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

NWF Group plc (LON:NWF) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 163.57 ($2.06) and traded as low as GBX 152.45 ($1.92). NWF Group shares last traded at GBX 154.20 ($1.94), with a volume of 2,041 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of NWF Group in a report on Thursday, December 12th.

NWF Group Price Performance

The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90. The firm has a market capitalization of £76.25 million, a price-to-earnings ratio of 856.67 and a beta of 0.28. The business’s fifty day simple moving average is GBX 150.27 and its 200 day simple moving average is GBX 163.57.

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.