Wall Street Zen Upgrades Nature Wood Group (NASDAQ:NWGL) to “Hold”

Nature Wood Group (NASDAQ:NWGL) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research note issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings lowered shares of Nature Wood Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Nature Wood Group currently has an average rating of “Sell”.

Nature Wood Group Stock Performance

Nature Wood Group stock opened at $1.27 on Friday. Nature Wood Group has a fifty-two week low of $0.19 and a fifty-two week high of $1.82. The stock’s fifty day moving average is $0.44 and its two-hundred day moving average is $0.72. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.31 and a quick ratio of 1.08.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Nature Wood Group stock. Citadel Advisors LLC purchased a new position in shares of Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 39,355 shares of the company’s stock, valued at approximately $54,000. Citadel Advisors LLC owned about 0.24% of Nature Wood Group at the end of the most recent reporting period.

About Nature Wood Group

Nature Wood Group, Inc engages in the design, manufacture and sale of wood-based panels and decorative surfaces for use in furniture, cabinetry, flooring and interior fit-outs. The company’s offerings include medium-density fiberboard, melamine-faced panels, decorative paper and edge-banding products, all tailored to meet the specifications of residential and commercial customers.

Through an integrated production model, Nature Wood Group oversees key stages from raw material procurement and wood refining to finishing and quality control.