North American Construction Group Ltd. (TSE:NOA - Get Free Report) NYSE: NOA Director Martin Robert Ferron sold 10,000 shares of North American Construction Group stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of C$24.74, for a total transaction of C$247,400.00.
Martin Robert Ferron also recently made the following trade(s):
- On Thursday, April 3rd, Martin Robert Ferron purchased 10,000 shares of North American Construction Group stock. The shares were acquired at an average cost of C$22.27 per share, for a total transaction 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 acquired at an average price 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 shares were acquired at an average price of C$23.31 per share, with a total value of C$93,236.00.
North American Construction Group Stock Down 1.1%
NOA stock traded down C$0.28 during midday trading on Monday, reaching C$24.10. The company had a trading volume of 17,618 shares, compared to its average volume of 82,110. North American Construction Group Ltd. has a 1 year low of C$18.83 and a 1 year high of C$31.67. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 212.25. The company has a market capitalization of C$645.08 million, a P/E ratio of 11.33, a PEG ratio of 0.79 and a beta of 1.59. The company has a 50 day moving average of C$22.44 and a two-hundred day moving average of C$25.47.
North American Construction Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, July 11th will be issued a $0.12 dividend. 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 1.99%. North American Construction Group's dividend payout ratio is currently 18.81%.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on NOA. Raymond James cut shares of 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 note on Tuesday, April 22nd. ATB Capital reduced their price target on shares of North American Construction Group from C$37.00 to C$36.00 and set an "outperform" rating for the company in a research note on Monday, May 5th. BMO Capital Markets dropped their target price on North American Construction Group from C$34.00 to C$30.00 in a report on Thursday, April 17th. National Bankshares cut their target price on 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. Finally, TD Securities cut their price objective on North American Construction Group from C$33.00 to C$27.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of C$35.63.
View Our Latest Research Report on North American Construction Group
North American Construction Group Company Profile
(
Get Free Report)
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.
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