Nature Wood Group (NASDAQ:NWGL) Trading Down 2.4% – Should You Sell?

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGLGet Free Report) fell 2.4% during trading on Tuesday . The company traded as low as $1.56 and last traded at $1.65. 8,867 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 19,317 shares. The stock had previously closed at $1.69.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Nature Wood Group in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Nature Wood Group presently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Nature Wood Group

Nature Wood Group Stock Down 2.4%

The stock’s 50 day moving average is $1.44 and its two-hundred day moving average is $1.42.

About Nature Wood Group

(Get Free Report)

Nature Wood Group Limited, an integrated forestry company, engages in management and harvesting, and down-stream wood-processing and distribution activities. It operates in two divisions, Direct Purchase and Original Design Manufacturer Services; and Manufacturing segments. The company offers a range of products, including logs, decking and flooring products, sawn timber, recycled and synthesized charcoal, machine-made charcoal, and essential oils.

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