NFI Group (TSE:NFI) Share Price Breaks Above 50 Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Oct 9th, 2026

NFI Group Inc. (TSE:NFI – Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of C$24.03 and traded as high as C$25.35. NFI Group shares last traded at C$25.11, with a volume of 185,127 shares.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on NFI shares. ATB Cormark Capital Markets boosted their price target on shares of NFI Group from C$31.00 to C$32.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. TD boosted their price target on shares of NFI Group from C$26.00 to C$33.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. BMO Capital Markets boosted their target price on NFI Group from C$27.00 to C$32.00 in a research note on Friday, August 7th. National Bank Financial increased their target price on NFI Group from C$29.00 to C$30.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Finally, Canaccord Genuity Group boosted their price objective on NFI Group from C$35.00 to C$36.00 and gave the company a “buy” rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$30.50.

Check Out Our Latest Stock Analysis on NFI

NFI Group Stock Up 0.9%

The company has a debt-to-equity ratio of 196.71, a current ratio of 1.18 and a quick ratio of 0.55. The stock has a market capitalization of C$3.06 billion, a PE ratio of 56.60, a PEG ratio of -0.07 and a beta of 0.24. The company has a 50 day moving average price of C$24.04 and a 200-day moving average price of C$22.82.

NFI Group (TSE:NFI – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported C$0.33 EPS for the quarter. NFI Group had a return on equity of 10.42% and a net margin of 1.55%.The company had revenue of C$1.46 billion during the quarter. As a group, analysts forecast that NFI Group Inc. will post 1.2814107 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Colin Robertson purchased 10,000 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were purchased at an average price of C$22.55 per share, for a total transaction of C$225,500.00. Following the completion of the acquisition, the director directly owned 343,783 shares in the company, valued at C$7,752,306.65. This represents a 3.00% increase in their position. Also, Director John Christopher Sapp purchased 1,900 shares of NFI Group stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of C$24.88 per share, with a total value of C$47,272.00. Following the transaction, the director directly owned 27,243 shares of the company’s stock, valued at C$677,805.84. This represents a 7.50% increase in their ownership of the stock. Over the last ninety days, insiders acquired 16,995 shares of company stock worth $396,102. Insiders own 0.62% of the company’s stock.

NFI Group Company Profile

(Get Free Report)

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¿.