Nature Wood Group Ltd ADR (NWGL) Shares Down Despite Recent Market Volatility

The stock price of Nature Wood Group Ltd ADR (NASDAQ: NWGL) has plunged by -33.23 when compared to previous closing price of 16.85, but the company has seen a -24.55% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2023-08-12 that Three small issuers began trading this past week, two of which were eligible for inclusion in our IPO stats. While most IPOs are biding their time through the August break, the SPAC market is churning out deals. Three IPOs are currently scheduled to list in the week ahead, although other small issuers may join the calendar during the week.

Is It Worth Investing in Nature Wood Group Ltd ADR (NASDAQ: NWGL) Right Now?

The public float for NWGL is 112.57M, and at present, short sellers hold a 0.04% of that float. On April 26, 2024, the average trading volume of NWGL was 32.85K shares.

NWGL’s Market Performance

NWGL stock saw a decrease of -24.55% in the past week, with a monthly decline of -21.05% and a quarterly a decrease of 30.96%. The volatility ratio for the week is 5.97%, and the volatility levels for the last 30 days are 6.15% for Nature Wood Group Ltd ADR (NWGL). The simple moving average for the last 20 days is -25.02% for NWGL stock, with a simple moving average of 1.33% for the last 200 days.

NWGL Trading at -22.66% from the 50-Day Moving Average

After a stumble in the market that brought NWGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.79% of loss for the given period.

Volatility was left at 6.15%, however, over the last 30 days, the volatility rate increased by 5.97%, as shares sank -11.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.18% upper at present.

During the last 5 trading sessions, NWGL fell by -12.14%, in comparison to the 20-day moving average, which settled at $14.92. In addition, Nature Wood Group Ltd ADR saw 40.62% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for NWGL

Current profitability levels for the company are sitting at:

  • -0.07 for the present operating margin
  • 0.26 for the gross margin

The net margin for Nature Wood Group Ltd ADR stands at -0.04. The total capital return value is set at -0.07.

Based on Nature Wood Group Ltd ADR (NWGL), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 1.76. The interest coverage ratio of the stock is -1.31.

Currently, EBITDA for the company is 8.76 million with net debt to EBITDA at -14.95. When we switch over and look at the enterprise to sales, we see a ratio of 32.58. The receivables turnover for the company is 3.55for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.

Conclusion

To sum up, Nature Wood Group Ltd ADR (NWGL) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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