North West (TSE:NWC) Stock Price Crosses Above 200 Day Moving Average of $38.51

The North West Company Inc. (TSE:NWC) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$38.51 and traded as high as C$38.87. North West shares last traded at C$38.37, with a volume of 80,658 shares trading hands.

Analyst Ratings Changes

A number of research firms have commented on NWC. TD Securities lifted their target price on North West from C$44.00 to C$45.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Jefferies Financial Group lifted their price objective on North West from C$41.00 to C$43.00 and gave the stock a “neutral” rating in a report on Friday, April 12th. Finally, Royal Bank of Canada upped their target price on shares of North West from C$38.00 to C$40.00 in a research note on Thursday, April 11th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of C$41.20.

North West Stock Down 0.8 %

The company has a market cap of C$1.83 billion, a P/E ratio of 14.37, a price-to-earnings-growth ratio of 1.11 and a beta of 0.62. The company has a quick ratio of 0.64, a current ratio of 2.01 and a debt-to-equity ratio of 57.45. The company has a fifty day moving average of C$39.14 and a 200 day moving average of C$38.51.

North West (TSE:NWC) last released its quarterly earnings results on Wednesday, April 10th. The company reported C$0.71 earnings per share (EPS) for the quarter. North West had a return on equity of 19.84% and a net margin of 5.23%. The business had revenue of C$643.11 million during the quarter. On average, research analysts anticipate that The North West Company Inc. will post 3.3209664 earnings per share for the current fiscal year.

North West Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 29th. Shareholders of record on Thursday, April 18th were issued a dividend of $0.39 per share. The ex-dividend date was Wednesday, April 17th. This represents a $1.56 dividend on an annualized basis and a yield of 4.07%. North West’s dividend payout ratio is currently 58.43%.

Insiders Place Their Bets

In related news, Senior Officer David Michael Chatyrbok sold 1,000 shares of North West stock in a transaction on Wednesday, April 17th. The stock was sold at an average price of C$39.10, for a total transaction 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.