NWF Group (LON:NWF) Share Price Passes Above Two Hundred Day Moving Average of $251.86

Shares of NWF Group plc (LON:NWF – Get Rating) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 251.86 ($3.07) and traded as high as GBX 278 ($3.39). NWF Group shares last traded at GBX 274 ($3.34), with a volume of 27,437 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “hold” rating on shares of NWF Group in a research report on Thursday, March 9th.

NWF Group Stock Performance

The company has a current ratio of 1.07, a quick ratio of 0.90 and a debt-to-equity ratio of 44.44. The firm has a 50-day moving average of GBX 240.85 and a 200-day moving average of GBX 251.86. The stock has a market capitalization of £135.38 million, a price-to-earnings ratio of 740.54 and a beta of 0.29.

NWF Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 2nd. Investors of record on Thursday, March 16th will be given a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.43%. The ex-dividend date of this dividend is Thursday, March 16th. NWF Group’s payout ratio is 1,891.89%.

Insider Activity at NWF Group

In related news, insider Rob Andrew sold 12,000 shares of the company’s stock in a transaction on Friday, February 10th. The stock was sold at an average price of GBX 232 ($2.83), for a total value of £27,840 ($33,930.53). 32.86% of the stock is owned by insiders.

About NWF Group

(Get Rating)

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 25 depots.