Martin Robert Ferron Sells 10,000 Shares of North American Construction Group Ltd. (TSE:NOA) Stock

North American Construction Group Ltd. (TSE:NOA - Get Free Report) NYSE: NOA Director Martin Robert Ferron sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of C$24.74, for a total value of C$247,400.00.

Martin Robert Ferron also recently made the following trade(s):

• On Thursday, April 3rd, Martin Robert Ferron acquired 10,000 shares of North American Construction Group stock. The shares were bought at an average price of C$22.27 per share, with a total value of C$222,700.00.
• On Thursday, March 27th, Martin Robert Ferron bought 4,000 shares of North American Construction Group stock. The stock was bought at an average cost of C$23.21 per share, for a total transaction of C$92,835.60.
• On Monday, March 24th, Martin Robert Ferron purchased 4,000 shares of North American Construction Group stock. The stock was bought at an average cost of C$23.31 per share, with a total value of C$93,236.00.

North American Construction Group Stock Performance

North American Construction Group stock traded down C$0.22 during midday trading on Thursday, reaching C$24.00. 18,804 shares of the company traded hands, compared to its average volume of 80,981. North American Construction Group Ltd. has a 12 month low of C$18.83 and a 12 month high of C$31.67. The company has a debt-to-equity ratio of 212.25, a current ratio of 1.13 and a quick ratio of 0.79. The business has a 50 day moving average of C$22.68 and a two-hundred day moving average of C$25.41. The firm has a market capitalization of C$642.41 million, a price-to-earnings ratio of 11.28, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59.

North American Construction Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, July 11th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $0.48 dividend on an annualized basis and a yield of 2.00%. North American Construction Group's dividend payout ratio is presently 18.81%.

Wall Street Analyst Weigh In

NOA has been the topic of several recent analyst reports. BMO Capital Markets cut their price objective on shares of North American Construction Group from C$34.00 to C$30.00 in a research report on Thursday, April 17th. Ventum Financial cut their price target on shares of North American Construction Group from C$45.00 to C$42.00 and set a "buy" rating on the stock in a report on Friday, March 21st. National Bankshares reduced their price target on shares of North American Construction Group from C$44.00 to C$41.00 and set an "outperform" rating for the company in a research report on Friday, March 21st. Raymond James Financial cut North American Construction Group from a "strong-buy" rating to an "outperform" rating and set a C$40.00 price objective on the stock. in a research report on Tuesday, April 22nd. Finally, TD Securities cut their target price on North American Construction Group from C$33.00 to C$27.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of C$35.63.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments.