NWF Group (LON:NWF) Share Price Crosses Below 200-Day Moving Average – What’s Next?

NWF Group plc (LON:NWF) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 160.28 ($2.00) and traded as low as GBX 153 ($1.91). NWF Group shares last traded at GBX 155.20 ($1.94), with a volume of 49,886 shares trading 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 Stock Down 0.9 %

The stock has a fifty day moving average price of GBX 151.70 and a 200-day moving average price of GBX 160.28. The firm has a market cap of £76.48 million, a PE ratio of 859.25 and a beta of 0.28. The company has a debt-to-equity ratio of 54.22, a quick ratio of 0.90 and a current ratio of 1.08.

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.