NFI Group Inc. (TSE:NFI - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$16.30 and traded as low as C$16.11. NFI Group shares last traded at C$16.31, with a volume of 236,120 shares changing hands.
Wall Street Analyst Weigh In
NFI has been the subject of several research reports. CIBC raised NFI Group from an "underperform" rating to a "neutral" rating and raised their price objective for the stock from C$12.50 to C$20.00 in a research note on Friday, August 2nd. BMO Capital Markets boosted their price objective on NFI Group from C$15.00 to C$23.00 and gave the stock an "outperform" rating in a report on Friday, August 2nd. Cibc World Mkts raised shares of NFI Group from a "strong sell" rating to a "hold" rating in a research note on Friday, August 2nd. National Bankshares lifted their target price on shares of NFI Group from C$21.00 to C$22.00 and gave the stock an "outperform" rating in a research report on Friday, August 2nd. Finally, ATB Capital boosted their price target on shares of NFI Group from C$18.00 to C$22.00 and gave the company an "outperform" rating in a report on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$22.00.
Check Out Our Latest Report on NFI
NFI Group Price Performance
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's 50 day moving average is C$18.21 and its 200 day moving average is C$16.33. The firm has a market capitalization of C$1.96 billion, a price-to-earnings ratio of -37.07, a P/E/G ratio of -0.07 and a beta of 1.41.
NFI Group (TSE:NFI - Get Free Report) last released its earnings results on Wednesday, July 31st. The company reported C$0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.02 by C$0.02. The company had revenue of C$1.16 billion for the quarter, compared to analyst estimates of C$1.15 billion. NFI Group had a negative return on equity of 8.17% and a negative net margin of 1.59%. On average, equities research analysts anticipate that NFI Group Inc. will post 1.2814107 earnings per share for the current fiscal year.
Insider Buying and Selling at NFI Group
In other news, Senior Officer Jason Michael Pellaers sold 2,145 shares of the company's stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of C$18.78, for a total value of C$40,283.10. Company insiders own 0.62% of the company's stock.
About NFI Group
(
Get Free Report)
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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