NWF Group (LON:NWF) Shares Pass Below 200 Day Moving Average of $206.06

NWF Group plc (LON:NWF) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 206.06 ($2.55) and traded as low as GBX 200 ($2.47). NWF Group shares last traded at GBX 207.50 ($2.56), with a volume of 23,281 shares.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “hold” rating on shares of NWF Group in a research report on Wednesday, January 31st.

NWF Group Stock Up 1.2 %

The company has a market capitalization of £102.59 million, a P/E ratio of 798.08 and a beta of 0.30. The stock has a 50 day moving average price of GBX 196.56 and a 200 day moving average price of GBX 206.06. The company has a debt-to-equity ratio of 34.67, a quick ratio of 0.90 and a current ratio of 1.07.

NWF Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Thursday, March 21st will be paid a GBX 1 ($0.01) dividend. This represents a yield of 0.45%. The ex-dividend date of this dividend is Thursday, March 21st. NWF Group’s payout ratio is 3,076.92%.

Insider Activity

In other news, insider Christopher James Belsham acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were acquired at an average price of GBX 182 ($2.25) per share, for a total transaction of £18,200 ($22,480.24). Insiders own 32.58% 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.