North American Construction Group Ltd. Buys 19,100 Shares of North American Construction Group Ltd. (TSE:NOA) Stock

North American Construction Group Ltd. (TSE:NOAGet Rating) (NYSE:NOA) insider North American Construction Group Ltd. bought 19,100 shares of the company’s stock in a transaction dated Monday, May 16th. The shares were purchased at an average price of C$15.87 per share, with a total value of C$303,021.50. Following the completion of the acquisition, the insider now owns 19,100 shares of the company’s stock, valued at approximately C$303,021.50.

North American Construction Group Ltd. also recently made the following trade(s):

  • On Friday, May 20th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The stock was bought at an average cost of C$15.51 per share, with a total value of C$296,229.54.
  • On Wednesday, May 18th, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group stock. The shares were acquired at an average cost of C$15.80 per share, with a total value of C$301,688.32.
  • On Friday, May 13th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were purchased at an average price of C$15.61 per share, for a total transaction of C$298,158.64.
  • On Wednesday, May 11th, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group stock. The stock was bought at an average price of C$15.59 per share, for a total transaction of C$297,761.36.
  • On Monday, May 9th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were acquired at an average price of C$15.20 per share, for a total transaction of C$290,302.81.
  • On Friday, May 6th, North American Construction Group Ltd. purchased 9,000 shares of North American Construction Group stock. The shares were purchased at an average price of C$15.57 per share, with a total value of C$140,090.40.
  • On Wednesday, May 4th, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group stock. The stock was bought at an average cost of C$15.71 per share, with a total value of C$300,011.34.
  • On Monday, May 2nd, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were acquired at an average cost of C$15.77 per share, with a total value of C$301,180.26.
  • On Friday, April 29th, North American Construction Group Ltd. acquired 10,000 shares of North American Construction Group stock. The shares were purchased at an average price of C$16.30 per share, for a total transaction of C$163,017.00.
  • On Wednesday, April 27th, North American Construction Group Ltd. purchased 10,000 shares of North American Construction Group stock. The stock was acquired at an average price of C$18.01 per share, with a total value of C$180,095.00.

TSE NOA traded down C$0.10 during trading on Friday, reaching C$15.64. The company’s stock had a trading volume of 46,756 shares, compared to its average volume of 88,358. The company has a debt-to-equity ratio of 141.92, a quick ratio of 0.64 and a current ratio of 1.06. The firm has a market cap of C$468.79 million and a price-to-earnings ratio of 10.65. North American Construction Group Ltd. has a twelve month low of C$14.75 and a twelve month high of C$22.00. The business’s fifty day moving average price is C$17.60 and its 200-day moving average price is C$18.43.

North American Construction Group (TSE:NOAGet Rating) (NYSE:NOA) last posted its quarterly earnings data on Wednesday, February 16th. The company reported C$0.59 EPS for the quarter, beating analysts’ consensus estimates of C$0.57 by C$0.02. The business had revenue of C$181.00 million during the quarter, compared to analyst estimates of C$185.50 million. As a group, sell-side analysts forecast that North American Construction Group Ltd. will post 2.5035804 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 8th. Shareholders of record on Friday, July 8th will be paid a $0.08 dividend. The ex-dividend date is Thursday, May 26th. This represents a $0.32 dividend on an annualized basis and a yield of 2.05%. North American Construction Group’s dividend payout ratio is presently 13.62%.

Several equities analysts recently weighed in on NOA shares. BMO Capital Markets cut their price target on shares of North American Construction Group from C$26.00 to C$24.00 in a report on Thursday, April 28th. CIBC dropped their price target on shares of North American Construction Group from C$23.00 to C$22.00 and set a “neutral” rating on the stock in a research note on Friday, April 29th. Raymond James raised their price objective on North American Construction Group from C$26.50 to C$27.50 and gave the company an “outperform” rating in a report on Monday, April 25th. Canaccord Genuity Group lifted their price target on North American Construction Group from C$28.00 to C$29.00 in a report on Friday, February 18th. Finally, National Bankshares increased their target price on shares of North American Construction Group from C$27.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Friday, February 18th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, North American Construction Group currently has an average rating of “Buy” and an average price target of C$26.20.

About North American Construction Group (Get Rating)

North American Construction Group Ltd. provides equipment maintenance, and mining and heavy construction services in Canada, the United States, and Australia. The company's Heavy Construction & Mining division offers constructability reviews, budgetary cost estimates, design-build construction, project management, contract mining, pre-stripping/pit pioneering, overburden removal and stockpile, muskeg removal and stockpile, site preparation, air strip construction, site dewatering/perimeter ditching, tailings and process pipelines, haulage and access road construction, tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and reclamation services.

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Insider Buying and Selling by Quarter for North American Construction Group (TSE:NOA)

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