The North West Company Inc. (TSE:NWC) Senior Officer Buys C$109,890.00 in Stock

The North West Company Inc. (TSE:NWC - Get Free Report) Senior Officer Vineet Gupta acquired 2,200 shares of the business's stock in a transaction dated Tuesday, June 17th. The stock was purchased at an average price of C$49.95 per share, with a total value of C$109,890.00.

North West Price Performance

NWC traded down C$0.15 during midday trading on Monday, hitting C$48.47. The stock had a trading volume of 13,805 shares, compared to its average volume of 128,433. The North West Company Inc. has a 1 year low of C$40.42 and a 1 year high of C$57.95. 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 fifty day moving average of C$54.54 and a 200 day moving average of C$50.28. The company has a market cap of C$2.33 billion, a P/E ratio of 17.82, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64.

North West Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Friday, June 27th. This is an increase from North West's previous quarterly dividend of $0.40. This represents a $2.12 annualized dividend and a yield of 4.37%. North West's payout ratio is currently 58.83%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. BMO Capital Markets boosted their price target on shares of North West from C$58.00 to C$60.00 in a research report on Thursday, April 10th. TD Securities raised their price target on North West from C$59.00 to C$63.00 and gave the company a "buy" rating in a report on Thursday, April 10th. Finally, CIBC lifted their target price on shares of 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.

About North West

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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