The North West Company Inc. (TSE:NWC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$37.99 and traded as high as C$39.50. North West shares last traded at C$38.68, with a volume of 139,021 shares changing hands.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on NWC shares. Royal Bank of Canada boosted their price objective on shares of North West from C$38.00 to C$40.00 in a research report on Thursday. TD Securities lifted their price objective on North West from C$44.00 to C$45.00 and gave the company a "buy" rating in a research report on Thursday.
Get Our Latest Research Report on North West
North West Stock Down 0.3 %
The company has a quick ratio of 0.64, a current ratio of 2.14 and a debt-to-equity ratio of 63.79. The company has a market cap of C$1.84 billion, a PE ratio of 14.55, a PEG ratio of 1.11 and a beta of 0.63. The company's fifty day moving average is C$39.41 and its 200-day moving average is C$37.99.
North West Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Monday, April 29th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date of this dividend is Wednesday, April 17th. North West's payout ratio is 58.87%.
Insider Activity
In other news, Senior Officer Leanne Flewitt sold 995 shares of the firm's stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of C$39.08, for a total transaction of C$38,884.60. Insiders own 0.15% of the company's stock.
About North West
(
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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 Canadian operations comprises Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh foods, apparel, and health products and services; Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; Giant Tiger junior discount stores, which offers family fashion, household products, and food; Valu Lots discount center and direct-to-customer food distribution outlet; solo market, a store in remote market; Pharmacy and Convenience stores; and North West Company motorsports dealership offering sales, service, parts and accessories for Ski-doo, Honda, Can-am and other premier brands.
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