NFI Group Inc. (TSE:NFI) Director Sells C$78,798.72 in Stock

NFI Group Inc. (TSE:NFI) Director Wendy Wai Ting Kei sold 6,888 shares of the firm’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of C$11.44, for a total value of C$78,798.72.

Wendy Wai Ting Kei also recently made the following trade(s):

• On Friday, March 8th, Wendy Wai Ting Kei bought 1,768 shares of NFI Group stock. The shares were acquired at an average cost of C$11.30 per share, with a total value of C$19,979.11.

NFI Group Trading Up 4.0 %

NFI opened at C$13.32 on Thursday. The company has a quick ratio of 0.55, a current ratio of 1.84 and a debt-to-equity ratio of 161.79. The stock has a market cap of C$1.58 billion, a PE ratio of -6.59, a PEG ratio of -0.07 and a beta of 1.35. The business has a 50 day moving average of C$12.10 and a 200-day moving average of C$12.94. NFI Group Inc. has a 52 week low of C$7.00 and a 52 week high of C$14.55.

NFI Group (TSE:NFI) last announced its earnings results on Thursday, February 29th. The company reported C($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.28) by C$0.21. NFI Group had a negative net margin of 5.07% and a negative return on equity of 21.27%. The business had revenue of C$1.08 billion during the quarter, compared to the consensus estimate of C$1.21 billion. Equities research analysts predict that NFI Group Inc. will post 0.228641 earnings per share for the current fiscal year.

Analyst Ratings Changes

NFI has been the subject of several analyst reports. BMO Capital Markets lowered their price target on shares of NFI Group from C$17.00 to C$15.00 and set an “outperform” rating for the company in a report on Friday, March 1st. National Bankshares lifted their target price on NFI Group from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research report on Wednesday, January 17th. Finally, CIBC lifted their price objective on shares of NFI Group from C$11.50 to C$12.00 and gave the stock an “underperform” rating in a report on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$18.58.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.