NFI Group Inc. (NFI:CA) Rises 7.77% for January 18

Equities Staff  |

January 18 was a positive day for NFI Group Inc. (NFI:CA) as its stock finished the day having gained 7.77% to hit a price of $31.19 a share. The company reached a market cap of 1.9 billion and has 61.04 million shares outstanding. NFI Group Inc. is a component of the the S&P/TSX Composite Index.

1.15 million shares changed hands over the course of the day as compared to an average volume of 462,031 over the last 30 days for NFI Group Inc..

NFI Group Inc, formerly New Flyer Industries Inc is a Canadian automobile manufacturer. The company organises 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. Aftermarket operations includes spare parts and servicing related to transit buses and motor coaches.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Paul Soubry.

NFI Group Inc. has hit a high of $61.25 and reached a low of $31.88 over its last year of trading. The stock’s 50-day SMA is now $35.69 and 200-day SMA is $46.85. As for its price valuations, the P/E ratio is at 7.2 and P/B is now 1.8.

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Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.

To get more information on NFI Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: NFI:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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