NFI Group Inc. (TSE:NFI - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$13.47 and traded as low as C$11.24. NFI Group shares last traded at C$11.50, with a volume of 167,465 shares traded.
Wall Street Analyst Weigh In
Several analysts recently commented on NFI shares. CIBC increased 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. ATB Capital boosted their price objective on NFI Group from C$24.00 to C$26.00 and gave the stock an "outperform" rating in a report on Monday, March 17th. Finally, BMO Capital Markets cut their price target on shares of NFI Group from C$14.00 to C$13.00 in a report on Friday, March 14th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and an average price target of C$20.80.
Get Our Latest Stock Analysis on NFI Group
NFI Group Stock Performance
The firm has a 50-day simple moving average of C$11.54 and a two-hundred day simple moving average of C$13.47. 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 company has a market capitalization of C$953.14 million, a price-to-earnings ratio of -39.40, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41.
About NFI Group
(
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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.
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