NFI Group (TSE:NFI) Director Buys C$159,700.00 in Stock

NFI Group Inc. (TSE:NFI) Director Colin Robertson acquired 10,000 shares of the business’s stock in a transaction on Wednesday, December 24th. The shares were bought at an average price of C$15.97 per share, for a total transaction of C$159,700.00. Following the acquisition, the director owned 56,217 shares in the company, valued at approximately C$897,785.49. This trade represents a 21.64% increase in their position.

NFI Group Stock Up 0.1%

TSE:NFI traded up C$0.01 on Friday, hitting C$16.68. 106,278 shares of the company’s stock traded hands, compared to its average volume of 297,358. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. The company has a market cap of C$1.99 billion, a PE ratio of -6.84, a price-to-earnings-growth ratio of -0.07 and a beta of 0.60. The firm has a 50-day moving average price of C$14.90 and a 200-day moving average price of C$16.22. NFI Group Inc. has a 1 year low of C$9.83 and a 1 year high of C$19.90.

NFI Group (TSE:NFI) last posted its quarterly earnings results on Thursday, November 6th. The company reported C$0.10 earnings per share for the quarter. NFI Group had a negative return on equity of 3.45% and a negative net margin of 0.79%. Equities analysts anticipate that NFI Group Inc. will post 1.2814107 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NFI has been the subject of several recent research reports. National Bankshares dropped their price target on shares of NFI Group from C$23.00 to C$22.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. BMO Capital Markets decreased their price objective on shares of NFI Group from C$18.00 to C$17.00 in a report on Monday, December 8th. CIBC lowered their price target on shares of NFI Group from C$23.00 to C$20.00 and set an “outperform” rating for the company in a report on Monday, September 29th. Finally, Scotiabank dropped their price objective on NFI Group from C$23.00 to C$22.00 in a report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, NFI Group presently has an average rating of “Buy” and an average price target of C$21.67.

About NFI Group

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation. With over 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts¿.