NWF Group (LON:NWF) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of NWF Group plc (LON:NWF) crossed 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 traded.

Analyst Upgrades and Downgrades

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

NWF Group Stock Performance

The company’s fifty day simple moving average is GBX 150.84 and its two-hundred day simple moving average is GBX 161.80. The company has a debt-to-equity ratio of 54.22, a quick ratio of 0.90 and a current ratio of 1.08. The stock has a market capitalization of £75.41 million, a P/E ratio of 847.22 and a beta of 0.28.

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.