The North West Company Inc. (TSE:NWC) Senior Officer Michael Beaulieu Sells 1,850 Shares

The North West Company Inc. (TSE:NWC - Get Free Report) Senior Officer Michael Beaulieu sold 1,850 shares of the firm's 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 value of C$101,324.50.

North West Stock Down 0.1 %

Shares of NWC traded down C$0.08 during mid-day trading on Friday, hitting C$55.50. The company's stock had a trading volume of 61,278 shares, compared to its average volume of 128,851. The company has a current ratio of 2.16, a quick ratio of 0.64 and a debt-to-equity ratio of 59.78. The company's 50-day moving average is C$50.25 and its 200-day moving average is C$49.88. The North West Company Inc. has a 52-week low of C$37.15 and a 52-week high of C$55.93. The firm has a market capitalization of C$2.67 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 1.11 and a beta of 0.64.

North West Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 24th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, April 16th. This represents a $1.60 annualized dividend and a yield of 2.88%. North West's dividend payout ratio (DPR) is presently 58.83%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NWC. BMO Capital Markets lifted their price objective on shares of North West from C$58.00 to C$60.00 in a report on Thursday, April 10th. CIBC lifted their price target on shares of North West from C$59.00 to C$60.00 and gave the company an "outperform" rating in a research note on Friday, April 11th. Cibc World Mkts raised North West to a "strong-buy" rating in a research note on Wednesday, February 19th. Finally, TD Securities lifted their target price 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.

North West Company Profile

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.