NWF Group (LON:NWF) Stock Price Passes Below Two Hundred Day Moving Average of $204.48

Shares of NWF Group plc (LON:NWF) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 204.48 ($2.59) and traded as low as GBX 175 ($2.22). NWF Group shares last traded at GBX 176.50 ($2.24), with a volume of 21,625 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “hold” rating on shares of NWF Group in a research note on Thursday, June 13th.

NWF Group Price Performance

The company has a debt-to-equity ratio of 34.67, a current ratio of 1.07 and a quick ratio of 0.90. The stock has a market capitalization of £87.26 million, a price-to-earnings ratio of 678.85 and a beta of 0.28. The stock’s 50 day simple moving average is GBX 202.22 and its 200-day simple moving average is GBX 204.48.

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.