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

NWF Group plc (LON:NWF)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 173.61 ($2.19) and traded as low as GBX 148 ($1.87). NWF Group shares last traded at GBX 150 ($1.89), with a volume of 94,255 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of NWF Group in a research report on Thursday, September 26th.

NWF Group Stock Up 0.7 %

The company has a market capitalization of £74.18 million, a P/E ratio of 833.33 and a beta of 0.28. The company has a current ratio of 1.08, a quick ratio of 0.90 and a debt-to-equity ratio of 54.22. The stock has a 50 day moving average price of GBX 154.83 and a 200 day moving average price of GBX 173.61.

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.