NWF Group (LON:NWF) Shares Pass Below 200 Day Moving Average – Time to Sell?

NWF Group plc (LON:NWF) shares crossed 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 trading hands.

Analyst Ratings Changes

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

NWF Group Stock Performance

The stock has a 50-day moving average price of GBX 150.27 and a 200-day moving average price of GBX 163.57. 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 company has a market capitalization of £76.25 million, a price-to-earnings ratio of 856.67 and a beta of 0.28.

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.