NWF Group (LON:NWF) Stock Passes Above Fifty Day Moving Average – Time to Sell?

NWF Group plc (LON:NWF) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 150.84 ($1.89) and traded as high as GBX 159 ($1.99). NWF Group shares last traded at GBX 154.89 ($1.94), with a volume of 155,079 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “hold” rating on shares of NWF Group in a research report on Thursday, December 12th.

NWF Group Trading Up 2.3 %

The business’s 50-day moving average price is GBX 150.96 and its two-hundred day moving average price is GBX 161.55. The firm has a market cap of £77.11 million, a price-to-earnings ratio of 866.31 and a beta of 0.28. The company has a debt-to-equity ratio of 54.22, a current ratio of 1.08 and a quick ratio of 0.90.

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.