NWN
Northwest Natural Holding Company Utilities - Utilities - Regulated Gas Investor Relations →
Northwest Natural Holding Company (NWN) closed at $48.07 as of 2026-02-02, trading 22.5% above its 200-week moving average of $39.24. The stock moved further from the line this week, up from 17.5% last week. The 14-week RSI sits at 62, indicating neutral momentum.
Over the past 2715 weeks of data, NWN has crossed below its 200-week moving average 29 times. On average, these episodes lasted 19 weeks. Historically, investors who bought NWN at the start of these episodes saw an average one-year return of +10.9%.
With a market cap of $1995 million, NWN is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 7.2%. The stock trades at 1.4x book value.
Share count has increased 29.2% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in NWN would have grown to $985, compared to $2849 for the S&P 500. NWN has returned 7.1% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: NWN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NWN Crosses Below the Line?
Across 19 historical episodes, buying NWN when it crossed below its 200-week moving average produced an average return of +9.5% after 12 months (median +13.0%), compared to +16.2% for the S&P 500 over the same periods. 65% of those episodes were profitable after one year. After 24 months, the average return was +14.4% vs +19.1% for the index.
Each line shows $100 invested at the moment NWN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NWN has crossed below its 200-week MA 29 times with an average 1-year return of +10.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Jan 1976 | 101 | 34.5% | -16.4% | +3695.7% |
| Jan 1981 | Mar 1981 | 7 | 9.5% | +1.1% | +2911.8% |
| Mar 1981 | Apr 1983 | 107 | 17.6% | -2.2% | +2879.4% |
| Apr 1983 | May 1983 | 1 | 1.6% | +10.2% | +2727.4% |
| Jul 1983 | Sep 1983 | 6 | 5.5% | +8.2% | +2727.4% |
| Oct 1987 | Nov 1987 | 3 | 4.6% | +11.5% | +1772.2% |
| Nov 1987 | Dec 1987 | 4 | 10.6% | +16.2% | +1772.2% |
| Aug 1988 | Aug 1988 | 1 | 1.5% | +25.3% | +1653.7% |
| Feb 1989 | Apr 1989 | 8 | 6.2% | +25.8% | +1642.7% |
| Aug 1990 | Aug 1990 | 1 | 2.2% | +42.3% | +1484.7% |
| Mar 1999 | May 1999 | 6 | 3.7% | -9.6% | +546.2% |
| Dec 1999 | Jun 2000 | 26 | 19.0% | +25.2% | +513.8% |
| Jun 2000 | Jul 2000 | 5 | 2.0% | +17.4% | +489.6% |
| Sep 2000 | Oct 2000 | 3 | 0.4% | +8.2% | +478.3% |
| Apr 2001 | May 2001 | 1 | 0.9% | +40.9% | +468.4% |
| Mar 2009 | Mar 2009 | 1 | 1.1% | +23.5% | +134.7% |
| Nov 2012 | Nov 2012 | 2 | 0.9% | +5.3% | +90.9% |
| Jun 2013 | Jul 2013 | 3 | 1.6% | +15.3% | +87.2% |
| Aug 2013 | Oct 2013 | 9 | 5.0% | +11.1% | +85.6% |
| Dec 2013 | Dec 2013 | 1 | 1.0% | +17.7% | +83.5% |
| Dec 2013 | Feb 2014 | 6 | 3.2% | +22.9% | +81.7% |
| Mar 2020 | Apr 2020 | 4 | 8.0% | -5.0% | +6.8% |
| May 2020 | May 2020 | 1 | 2.0% | -4.0% | +4.1% |
| Jun 2020 | Feb 2022 | 90 | 26.4% | +0.5% | +7.9% |
| Mar 2022 | May 2022 | 10 | 12.6% | -6.6% | +9.3% |
| Jun 2022 | Nov 2024 | 127 | 21.4% | -14.5% | +10.3% |
| Dec 2024 | Feb 2025 | 9 | 7.4% | +23.1% | +28.6% |
| Jun 2025 | Jun 2025 | 4 | 0.9% | N/A | +25.2% |
| Jul 2025 | Aug 2025 | 1 | 0.2% | N/A | +24.6% |
| Average | 19 | — | +10.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02