The North West Company Inc. (TSE:NWC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$50.01 and traded as high as C$55.41. North West shares last traded at C$54.71, with a volume of 198,575 shares.
Analyst Ratings Changes
A number of analysts have issued reports on the company. Cibc World Mkts raised North West to a "strong-buy" rating in a research note on Wednesday, February 19th. TD Securities lifted their target price on North West from C$59.00 to C$63.00 and gave the stock a "buy" rating in a report on Thursday, April 10th. CIBC lifted their target price 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. Finally, BMO Capital Markets lifted their target price on North West from C$58.00 to C$60.00 in a report on Thursday, April 10th.
Check Out Our Latest Stock Analysis on North West
North West Stock Up 0.6%
The company has a 50-day simple moving average of C$51.99 and a 200 day simple moving average of C$50.09. The company has a market cap of C$2.66 billion, a P/E ratio of 20.37, a P/E/G ratio of 1.11 and a beta of 0.64. The company has a current ratio of 2.16, a quick ratio of 0.64 and a debt-to-equity ratio of 59.78.
North West Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 24th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.89%. The ex-dividend date was Wednesday, April 16th. North West's dividend payout ratio (DPR) is presently 58.83%.
Insider Buying and Selling at North West
In other North West news, Senior Officer Jim Caldwell sold 1,500 shares of the stock in a transaction dated Monday, April 14th. The stock was sold at an average price of C$51.87, for a total value of C$77,805.00. Following the completion of the sale, the insider now directly owns 916 shares in the company, valued at approximately C$47,512.92. This trade represents a 62.09% decrease in their ownership of the stock. Also, Director George Mcconnell Daniel sold 10,943 shares of the stock in a transaction dated Tuesday, April 22nd. The shares were 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 quarter. 0.12% of the stock is owned by 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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