NWF Group (LON:NWF) Stock Passes Below 200 Day Moving Average – Should You Sell?

Shares of NWF Group plc (LON:NWF) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 165.01 and traded as low as GBX 127. NWF Group shares last traded at GBX 131.95, with a volume of 18,035 shares trading hands.

Wall Street Analyst Weigh In

Separately, Panmure Gordon reissued a “buy” rating and issued a GBX 283 target price on shares of NWF Group in a report on Monday, November 24th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, NWF Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 283.

NWF Group Price Performance

The stock has a market capitalization of £65.43 million, a PE ratio of 10.73 and a beta of 0.28. The firm’s fifty day moving average price is GBX 150.19 and its two-hundred day moving average price is GBX 164.72. The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22.

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.