NWF Group (LON:NWF) Share Price Passes Above 200 Day Moving Average – What’s Next?

Shares of NWF Group plc (LON:NWF) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 138.10 and traded as high as GBX 158. NWF Group shares last traded at GBX 156, with a volume of 86,172 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “hold” rating and issued a GBX 145 price objective on shares of NWF Group in a report on Tuesday, July 28th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 214.

NWF Group Price Performance

The company’s 50 day moving average price is GBX 147.21 and its 200-day moving average price is GBX 138.20. The company has a market cap of £77.37 million, a price-to-earnings ratio of 8.52 and a beta of 0.23. The company has a debt-to-equity ratio of 73.62, a quick ratio of 0.90 and a current ratio of 1.01.

NWF Group (LON:NWF) last released its earnings results on Tuesday, July 28th. The company reported GBX 18.10 EPS for the quarter. NWF Group had a net margin of 1.00% and a return on equity of 10.04%. On average, equities research analysts forecast that NWF Group plc will post 17.4489796 earnings per share for the current fiscal year.

NWF Group Company Profile

NWF Group is a specialist distributor across the UK. Connecting essential suppliers with their customers, making sure what’s vital gets to where it’s needed most.