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

Shares of NWF Group plc (LON:NWF) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 157.55 ($2.04) and traded as high as GBX 175.78 ($2.27). NWF Group shares last traded at GBX 174.50 ($2.25), with a volume of 54,457 shares changing hands.

Analysts Set New Price Targets

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

NWF Group Trading Up 1.2 %

The firm has a market cap of £86.64 million, a PE ratio of 9.52 and a beta of 0.28. The business has a 50-day moving average price of GBX 161.59 and a two-hundred day moving average price of GBX 157.67. The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90.

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%. Analysts forecast that NWF Group plc will post 17.4489796 EPS for the current year.

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.