NWF Group (LON:NWF) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

NWF Group plc (LON:NWF) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 158.50 ($1.96) and traded as low as GBX 152.20 ($1.88). NWF Group shares last traded at GBX 154 ($1.90), with a volume of 56,546 shares trading hands.

Analysts Set New Price Targets

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

NWF Group Stock Performance

The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22. The firm has a 50-day moving average of GBX 152.94 and a 200 day moving average of GBX 158.50. The stock has a market capitalization of £76.15 million, a P/E ratio of 855.56 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.