NWF Group (LON:NWF) Stock Passes Below 200-Day Moving Average – Here’s Why

NWF Group plc (LON:NWF) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 178.96 ($2.32) and traded as low as GBX 144 ($1.87). NWF Group shares last traded at GBX 149.70 ($1.94), with a volume of 75,438 shares trading hands.

Analyst Ratings Changes

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

NWF Group Stock Down 4.2 %

The firm has a market cap of £72.22 million, a P/E ratio of 813.06 and a beta of 0.28. The firm’s 50-day moving average price is GBX 158.66 and its 200 day moving average price is GBX 178.39. The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90.

Insider Buying and Selling at NWF Group

In other news, insider Amanda Burton bought 17,254 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was bought at an average price of GBX 173 ($2.24) per share, for a total transaction of £29,849.42 ($38,710.18). 34.71% of the stock is currently owned by insiders.

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.