NWF Group (LON:NWF) Stock Price Passes Below 200-Day Moving Average of $187.74

NWF Group plc (LON:NWF) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 187.74 ($2.51) and traded as low as GBX 157 ($2.10). NWF Group shares last traded at GBX 162.50 ($2.17), with a volume of 286,522 shares traded.

Analyst Upgrades and Downgrades

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

NWF Group Price Performance

The company has a market capitalization of £80.36 million, a P/E ratio of 902.78 and a beta of 0.28. 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’s 50-day moving average price is GBX 166.22 and its 200 day moving average price is GBX 187.74.

NWF Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 7.10 ($0.09) per share. The ex-dividend date is Thursday, October 31st. This is a positive change from NWF Group’s previous dividend of $1.00. This represents a yield of 4.24%. NWF Group’s payout ratio is presently 4,444.44%.

Insider Transactions at NWF Group

In other NWF Group news, insider Amanda Burton acquired 17,254 shares of the stock in a transaction dated Wednesday, August 14th. The stock was purchased at an average cost of GBX 173 ($2.31) per share, for a total transaction of £29,849.42 ($39,841.72). Company insiders own 34.71% of the company’s stock.

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.