NFI Group Inc. (TSE:NFI - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$16.17 and traded as low as C$11.20. NFI Group shares last traded at C$11.44, with a volume of 340,119 shares.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on NFI shares. BMO Capital Markets downgraded NFI Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 31st. Cibc World Mkts upgraded NFI Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, December 4th. Finally, CIBC raised their price objective on NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$22.20.
Get Our Latest Stock Report on NFI Group
NFI Group Stock Performance
The firm has a 50-day moving average of C$13.44 and a two-hundred day moving average of C$16.05. The company has a quick ratio of 0.55, a current ratio of 1.74 and a debt-to-equity ratio of 164.92. The company has a market capitalization of C$1.26 billion, a PE ratio of -24.11, a PEG ratio of -0.07 and a beta of 1.41.
NFI Group (TSE:NFI - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C($0.05) earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.10). NFI Group had a negative net margin of 1.59% and a negative return on equity of 8.17%. Research analysts anticipate that NFI Group Inc. will post 1.2814107 EPS for the current year.
NFI Group Company Profile
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NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.
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