Paulo Cezar Nunes Sells 7,000 Shares of NFI Group Inc. (TSE:NFI) Stock

NFI Group Inc. (TSE:NFI) Director Paulo Cezar Nunes sold 7,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$18.00, for a total value of C$126,000.00.

NFI Group Stock Performance

NFI stock opened at C$11.27 on Thursday. The business’s fifty day moving average is C$12.92 and its 200-day moving average is C$15.73. The company has a quick ratio of 0.55, a current ratio of 1.71 and a debt-to-equity ratio of 171.59. The company has a market cap of C$934.07 million, a P/E ratio of -38.61, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. NFI Group Inc. has a twelve month low of C$9.91 and a twelve month high of C$19.55.

Analysts Set New Price Targets

Several research analysts have issued reports on NFI shares. CIBC upped their price objective on NFI Group from C$18.50 to C$21.00 in a report on Wednesday, December 4th. BMO Capital Markets downgraded NFI Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Finally, Cibc World Mkts raised NFI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 4th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, NFI Group presently has an average rating of “Moderate Buy” and an average price target of C$22.20.

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.