Insider Selling: NFI Group Inc. (TSE:NFI) Director Sells 7,000 Shares of Stock

NFI Group Inc. (TSE:NFI) Director Paulo Cezar Nunes sold 7,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of C$18.00, for a total value of C$126,000.00.

NFI Group Price Performance

TSE NFI opened at C$11.38 on Wednesday. The stock has a market capitalization of C$943.19 million, a P/E ratio of -38.99, a PEG ratio of -0.07 and a beta of 1.41. The firm has a 50 day moving average price of C$13.03. NFI Group Inc. has a 1-year low of C$9.91 and a 1-year high of C$19.55. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on NFI shares. CIBC increased their price target on NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th. Cibc World Mkts upgraded NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. Finally, BMO Capital Markets downgraded NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$22.20.

NFI Group Company Profile

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.