North West (OTCMKTS:NNWWF) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

The North West Company Inc. (OTCMKTS:NNWWF) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $34.17 and traded as high as $35.90. North West shares last traded at $35.90, with a volume of 3,656 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets set a $56.00 price target on North West in a research note on Thursday, December 11th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $56.00.

North West Trading Up 1.1%

The business’s fifty day moving average price is $34.17 and its 200 day moving average price is $34.78.

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.