NWF Group (LON:NWF) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

NWF Group plc (LON:NWF) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 159.15 ($1.94) and traded as low as GBX 152.75 ($1.86). NWF Group shares last traded at GBX 153.60 ($1.87), with a volume of 113,956 shares trading hands.

Wall Street Analyst Weigh In

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

NWF Group Stock Up 2.3 %

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 business has a 50-day simple moving average of GBX 152.67 and a 200-day simple moving average of GBX 159.01. The stock has a market cap of £78.38 million, a P/E ratio of 880.56 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.