NWF Group (LON:NWF) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of NWF Group plc (LON:NWF) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 158.62 ($2.06) and traded as high as GBX 170.70 ($2.22). NWF Group shares last traded at GBX 169.60 ($2.20), with a volume of 118,033 shares.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “hold” rating on shares of NWF Group in a report on Tuesday, February 4th.

NWF Group Price Performance

The stock has a market capitalization of £84.20 million, a P/E ratio of 9.25 and a beta of 0.28. The company has a debt-to-equity ratio of 54.22, a quick ratio of 0.90 and a current ratio of 1.08. The firm has a fifty day moving average price of GBX 167.44 and a two-hundred day moving average price of GBX 158.62.

NWF Group (LON:NWF) last posted its quarterly earnings data on Tuesday, February 4th. The company reported GBX 5.50 ($0.07) EPS for the quarter. NWF Group had a return on equity of 11.03% and a net margin of 0.96%. As a group, analysts expect that NWF Group plc will post 17.4489796 EPS for the current fiscal year.

NWF Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, March 20th will be paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.58%. The ex-dividend date of this dividend is Thursday, March 20th. NWF Group’s dividend payout ratio (DPR) is presently 43.64%.

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.