The North West Company Inc. (TSE:NWC - Get Free Report) Senior Officer David Michael Chatyrbok sold 5,916 shares of the stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of C$54.01, for a total transaction of C$319,523.16.
North West Stock Performance
Shares of TSE NWC traded down C$0.13 during midday trading on Friday, hitting C$54.87. The company's stock had a trading volume of 66,711 shares, compared to its average volume of 131,820. The North West Company Inc. has a 1-year low of C$37.15 and a 1-year high of C$55.93. The company has a debt-to-equity ratio of 59.78, a quick ratio of 0.64 and a current ratio of 2.16. The firm's fifty day moving average price is C$49.40 and its 200-day moving average price is C$49.76. The firm has a market cap of C$2.64 billion, a P/E ratio of 20.17, a P/E/G ratio of 1.11 and a beta of 0.64.
North West Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 24th were issued a $0.40 dividend. The ex-dividend date was Wednesday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 2.92%. North West's dividend payout ratio is currently 58.83%.
Analysts Set New Price Targets
NWC has been the subject of several recent analyst reports. CIBC raised their price target on North West from C$59.00 to C$60.00 and gave the stock an "outperform" rating in a report on Friday, April 11th. Cibc World Mkts upgraded North West to a "strong-buy" rating in a report on Wednesday, February 19th. TD Securities boosted their price target on shares of North West from C$59.00 to C$63.00 and gave the stock a "buy" rating in a research note on Thursday, April 10th. Finally, BMO Capital Markets lifted their price target on shares of North West from C$58.00 to C$60.00 in a research note on Thursday, April 10th.
Get Our Latest Research Report on NWC
North West Company Profile
(
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The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, and fuel and related services.
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