Stephen King Purchases 1,555 Shares of NFI Group Inc. (TSE:NFI) Stock

NFI Group Inc. (TSE:NFI) Senior Officer Stephen King purchased 1,555 shares of the business’s stock in a transaction on Thursday, May 15th. The shares were acquired at an average price of C$14.63 per share, with a total value of C$22,749.65.

NFI Group Stock Performance

TSE:NFI opened at C$15.00 on Thursday. NFI Group Inc. has a 1 year low of C$9.83 and a 1 year high of C$19.55. The firm has a 50 day moving average of C$12.25 and a 200-day moving average of C$12.87. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. The stock has a market capitalization of C$1.24 billion, a P/E ratio of -51.39, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41.

Analyst Ratings Changes

A number of research firms have recently issued reports on NFI. BMO Capital Markets cut their target price on shares of NFI Group from C$14.00 to C$13.00 in a research note on Friday, March 14th. ATB Capital lifted their target price on shares of NFI Group from C$24.00 to C$26.00 and gave the company an “outperform” rating in a research note on Monday, March 17th. Finally, CIBC lifted their target price on shares of NFI Group from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Monday, March 17th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$20.80.

NFI Group Company Profile

NFI Group Inc is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company’s revenue, includes the manufacture of transit buses for public transportation, and motor coaches.