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

NWF Group plc (LON:NWF) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 158.50 ($1.98) and traded as low as GBX 152.20 ($1.90). NWF Group shares last traded at GBX 154 ($1.92), with a volume of 56,546 shares.

Wall Street Analysts Forecast Growth

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

NWF Group Trading Down 1.0 %

The business has a 50 day moving average of GBX 153.11 and a 200 day moving average of GBX 158.34. The firm has a market capitalization of £75.42 million, a price-to-earnings ratio of 847.28 and a beta of 0.28. The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90.

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.