NWF Group (LON:NWF) Shares Pass Above 50 Day Moving Average – What’s Next?

NWF Group plc (LON:NWF) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 131.90 and traded as high as GBX 134. NWF Group shares last traded at GBX 133.12, with a volume of 64,744 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “hold” rating on shares of NWF Group in a research note on Tuesday, May 12th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, NWF Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 283.

NWF Group Price Performance

The company has a debt-to-equity ratio of 130.82, a current ratio of 0.97 and a quick ratio of 0.90. The stock has a fifty day simple moving average of GBX 131.90 and a 200-day simple moving average of GBX 133.12. The company has a market capitalization of £65.97 million, a price-to-earnings ratio of 12.67 and a beta of 0.22.

About NWF Group

NWF Group is a specialist distributor across the UK. Connecting essential suppliers with their customers, making sure what’s vital gets to where it’s needed most.