Paulo Cezar Nunes Sells 7,000 Shares of NFI Group Inc. (TSE:NFI) Stock

NFI Group Inc. (TSE:NFI) Director Paulo Cezar Nunes sold 7,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of C$18.00, for a total transaction of C$126,000.00.

NFI Group Price Performance

NFI stock opened at C$11.27 on Thursday. The stock has a 50-day moving average price of C$12.92 and a two-hundred day moving average price of C$15.73. The stock has a market cap of C$934.07 million, a PE ratio of -38.61, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. NFI Group Inc. has a 1 year low of C$9.91 and a 1 year high of C$19.55.

Analysts Set New Price Targets

NFI has been the subject of a number of recent analyst reports. BMO Capital Markets cut shares of NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Cibc World Mkts upgraded shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. Finally, CIBC upped their price objective on shares of NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$22.20.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.