North West (TSE:NWC) Stock Price Crosses Above Two Hundred Day Moving Average of $38.36

Shares of The North West Company Inc. (TSE:NWC - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$38.36 and traded as high as C$39.58. North West shares last traded at C$39.46, with a volume of 53,160 shares trading hands.

Analysts Set New Price Targets

NWC has been the subject of a number of recent analyst reports. Jefferies Financial Group raised their price objective on shares of North West from C$41.00 to C$43.00 and gave the stock a "neutral" rating in a research note on Friday, April 12th. Royal Bank of Canada raised their target price on North West from C$38.00 to C$40.00 in a research report on Thursday, April 11th. Finally, TD Securities lifted their price target on North West from C$44.00 to C$45.00 and gave the company a "buy" rating in a report on Thursday, April 11th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, North West has an average rating of "Hold" and an average target price of C$41.20.

North West Trading Down 1.1 %

The company has a debt-to-equity ratio of 57.45, a quick ratio of 0.64 and a current ratio of 2.01. The stock has a market cap of C$1.86 billion, a price-to-earnings ratio of 14.61, a price-to-earnings-growth ratio of 1.11 and a beta of 0.62. The company's 50 day simple moving average is C$39.28 and its two-hundred day simple moving average is C$38.39.

North West Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 29th. Stockholders of record on Thursday, April 18th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend was Wednesday, April 17th. North West's dividend payout ratio (DPR) is presently 58.43%.

Insider Activity at North West

In other North West news, Senior Officer David Michael Chatyrbok sold 1,000 shares of the business's stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of C$39.10, for a total value of C$39,098.50. Insiders own 0.15% of the company's stock.

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.