NWF Group (LON:NWF) Share Price Crosses Below 200-Day Moving Average - Here's What Happened

NWF Group plc (LON:NWF - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 176.49 ($2.30) and traded as low as GBX 150 ($1.95). NWF Group shares last traded at GBX 150.50 ($1.96), with a volume of 50,631 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "hold" rating on shares of NWF Group in a research report on Thursday, September 26th.

NWF Group Stock Down 1.3 %

The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 54.22. The company's 50 day moving average price is GBX 156.45 and its 200 day moving average price is GBX 176.29. The firm has a market capitalization of £73.43 million, a price-to-earnings ratio of 825.00 and a beta of 0.28.

Insider Activity

In other NWF Group news, insider Amanda Burton acquired 17,254 shares of the firm's stock in a transaction on Wednesday, August 14th. The stock was acquired at an average cost of GBX 173 ($2.25) per share, for a total transaction of £29,849.42 ($38,856.31). Corporate insiders own 34.71% of the company's stock.

NWF Group Company Profile

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.