Shares of The North West Company Inc. (TSE:NWC - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$50.37 and traded as high as C$56.54. North West shares last traded at C$55.15, with a volume of 91,597 shares trading hands.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on NWC shares. CIBC raised their price objective on North West from C$59.00 to C$60.00 and gave the company an "outperform" rating in a report on Friday, April 11th. Cibc World Mkts raised shares of North West to a "strong-buy" rating in a research report on Wednesday, February 19th. TD Securities lifted their price objective on shares of 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. Finally, BMO Capital Markets upped their target price on shares of North West from C$58.00 to C$60.00 in a report on Thursday, April 10th.
Check Out Our Latest Analysis on NWC
North West Stock Performance
The stock has a 50 day moving average price of C$54.61 and a two-hundred day moving average price of C$50.38. The company has a market cap of C$2.62 billion, a P/E ratio of 19.99, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64. The company has a quick ratio of 0.64, a current ratio of 2.16 and a debt-to-equity ratio of 59.78.
North West Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 24th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a $1.60 dividend on an annualized basis and a yield of 2.94%. North West's dividend payout ratio (DPR) is presently 58.83%.
Insider Activity at North West
In other news, Director George Mcconnell Daniel sold 10,943 shares of North West stock in a transaction on Tuesday, April 22nd. The shares were sold at an average price of C$54.95, for a total transaction of C$601,317.85. Also, Senior Officer Michael Beaulieu sold 1,850 shares of the firm's stock in a transaction dated Monday, April 28th. The stock was sold at an average price of C$54.77, for a total value of C$101,324.50. Insiders sold a total of 21,928 shares of company stock valued at $1,191,408 over the last quarter. 0.12% of the stock is owned by corporate insiders.
North West Company Profile
(
Get Free Report)
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.
See Also
Before you consider North West, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and North West wasn't on the list.
While North West currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
