The North West Company Inc. (TSE:NWC - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as C$57.51 and last traded at C$57.33, with a volume of 18781 shares trading hands. The stock had previously closed at C$56.71.
Analyst Upgrades and Downgrades
A number of research firms have commented on NWC. BMO Capital Markets upped their price target on North West from C$58.00 to C$60.00 in a research report on Thursday, April 10th. TD Securities upped their price target on North West from C$59.00 to C$63.00 and gave the company a "buy" rating in a research report on Thursday, April 10th. CIBC upped their price target on North West from C$59.00 to C$60.00 and gave the company an "outperform" rating in a research report on Friday, April 11th. Finally, Cibc World Mkts upgraded North West to a "strong-buy" rating in a research report on Wednesday, February 19th.
Get Our Latest Research Report on NWC
North West Price Performance
The company has a market capitalization of C$2.76 billion, a price-to-earnings ratio of 21.10, a P/E/G ratio of 1.11 and a beta of 0.64. 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 business has a 50 day moving average price of C$53.95 and a 200-day moving average price of C$50.31.
North West Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 24th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Wednesday, April 16th. North West's dividend payout ratio is 58.83%.
Insider Activity
In related news, Senior Officer Michael Beaulieu sold 1,850 shares of North West stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of C$54.77, for a total transaction of C$101,324.50. Also, Director George Mcconnell Daniel sold 10,943 shares of North West stock in a transaction on Tuesday, April 22nd. The stock was sold at an average price of C$54.95, for a total value of C$601,317.85. Insiders have sold 21,928 shares of company stock valued at $1,191,408 in the last ninety days. 0.12% of the stock is owned by company insiders.
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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