NWF Group (LON:NWF) Shares Pass Above 200 Day Moving Average - What's Next?

NWF Group plc (LON:NWF - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 158.62 ($2.02) and traded as high as GBX 170.70 ($2.17). NWF Group shares last traded at GBX 169.60 ($2.16), with a volume of 118,033 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "hold" rating on shares of NWF Group in a research note on Tuesday, February 4th.

NWF Group Stock Performance

The company's 50-day simple moving average is GBX 168.44 and its 200 day simple moving average is GBX 158.77. The stock has a market cap of £84.65 million, a P/E ratio of 9.30 and a beta of 0.28. The company has a current ratio of 1.08, a quick ratio of 0.90 and a debt-to-equity ratio of 54.22.

NWF Group (LON:NWF - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported GBX 5.50 ($0.07) EPS for the quarter. NWF Group had a return on equity of 11.03% and a net margin of 0.96%. As a group, sell-side analysts expect that NWF Group plc will post 17.4489796 EPS for the current fiscal year.

NWF Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, March 20th will be given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 0.58%. NWF Group's payout ratio is currently 43.64%.

About NWF Group

NWF Group plc, together with its subsidiaries, primarily engages in the sale and distribution of fuel oils in the United Kingdom. It operates through Fuels, Food, and Feeds segments. The Fuels segment sells domestic heating, industrial, and road fuels. This segment owns and operates through a network of 27 depots.