Nature Wood Group (NASDAQ:NWGL) Stock Rating Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of Nature Wood Group (NASDAQ:NWGL) from a hold rating to a sell rating in a research report report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of Nature Wood Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, September 24th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Nature Wood Group currently has an average rating of “Sell”.

Nature Wood Group Price Performance

Nature Wood Group stock opened at $1.17 on Friday. The stock has a fifty day moving average of $0.97 and a two-hundred day moving average of $0.75. Nature Wood Group has a fifty-two week low of $0.19 and a fifty-two week high of $1.98.

Nature Wood Group (NASDAQ:NWGL) last issued its quarterly earnings data on Tuesday, October 6th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $1.48 million during the quarter.

About Nature Wood Group

Nature Wood Group Limited (NASDAQ: NWGL) is a forestry and wood-products company focused on the development, processing, and sale of timber and related wood products. Its business is centered on sourcing and managing forest resources and supplying wood materials for use in construction, furniture, manufacturing, and other applications.

The company’s activities include the sale of logs and processed timber, along with other forest-derived products. Nature Wood Group emphasizes the use and management of forest resources and serves customers in the wood-products supply chain, with operations and business activities primarily associated with China.

Publicly available information about the company’s operating segments, geographic expansion, and leadership history is limited.