NWF Group (LON:NWF) Earns Hold Rating from Shore Capital Group

NWF Group (LON:NWF)‘s stock had its “hold” rating reissued by equities research analysts at Shore Capital Group in a research note issued on Thursday, September 24th, MarketBeat reports. They currently have a GBX 150 price objective on the stock. Shore Capital Group’s price objective would suggest a potential downside of 4.30% from the stock’s previous close.

NWF Group Stock Down 1.4%

NWF stock traded down GBX 2.27 during mid-day trading on Thursday, hitting GBX 156.73. 146,856 shares of the company were exchanged, compared to its average volume of 106,441. The company has a debt-to-equity ratio of 73.62, a quick ratio of 0.90 and a current ratio of 1.01. NWF Group has a 1-year low of GBX 123.50 and a 1-year high of GBX 187.50. The firm’s 50 day simple moving average is GBX 150.78 and its 200 day simple moving average is GBX 139.58. The firm has a market cap of £77.74 million, a P/E ratio of 8.56 and a beta of 0.23.

NWF Group (LON:NWF) last released its quarterly earnings results on Tuesday, July 28th. The company reported GBX 18.10 earnings per share for the quarter. NWF Group had a net margin of 1.00% and a return on equity of 10.04%. On average, sell-side analysts predict that NWF Group will post 17.4489796 EPS for the current fiscal year.

NWF Group Company Profile

NWF Group is a specialist distributor across the UK. Connecting essential suppliers with their customers, making sure what’s vital gets to where it’s needed most.