NFI Group Inc. (TSE:NFI) Senior Officer Stephen King Purchases 1,555 Shares of Stock

NFI Group Inc. (TSE:NFI) Senior Officer Stephen King bought 1,555 shares of the company’s stock in a transaction on Thursday, May 15th. The shares were acquired at an average price of C$14.63 per share, for a total transaction of C$22,749.65.

NFI Group Stock Down 0.3%

TSE:NFI opened at C$14.77 on Wednesday. NFI Group Inc. has a fifty-two week low of C$9.83 and a fifty-two week high of C$19.55. The stock has a market capitalization of C$1.22 billion, a P/E ratio of -50.60, a P/E/G ratio of -0.07 and a beta of 1.41. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71. The company’s 50-day simple moving average is C$12.15 and its 200-day simple moving average is C$12.89.

Analysts Set New Price Targets

A number of research firms have recently weighed in on NFI. CIBC raised their price target on shares of NFI Group from C$19.00 to C$20.00 and gave the company an “outperform” rating in a report on Monday, March 17th. BMO Capital Markets lowered their price target on shares of NFI Group from C$14.00 to C$13.00 in a report on Friday, March 14th. Finally, ATB Capital raised their price target on shares of NFI Group from C$24.00 to C$26.00 and gave the company an “outperform” rating in a report on Monday, March 17th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, NFI Group has a consensus rating of “Buy” and an average price target of C$20.80.

NFI Group Company Profile

NFI Group Inc is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company’s revenue, includes the manufacture of transit buses for public transportation, and motor coaches.