North West (TSE:NWC) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

The North West Company Inc. (TSE:NWC) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$48.50 and traded as high as C$52.71. North West shares last traded at C$52.59, with a volume of 209,984 shares.

Analyst Ratings Changes

A number of research firms recently issued reports on NWC. BMO Capital Markets dropped their price target on North West from C$57.00 to C$56.00 and set an “outperform” rating on the stock in a research note on Thursday, December 11th. Royal Bank Of Canada reduced their price objective on North West from C$60.00 to C$58.00 and set an “outperform” rating for the company in a research note on Thursday, December 4th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, North West presently has a consensus rating of “Buy” and an average price target of C$58.75.

North West Trading Up 0.7%

The company has a debt-to-equity ratio of 59.78, a quick ratio of 0.64 and a current ratio of 2.16. The stock has a market cap of C$2.51 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 1.11 and a beta of -0.17. The business has a fifty day simple moving average of C$49.39 and a 200 day simple moving average of C$48.50.

North West (TSE:NWC) last announced its earnings results on Tuesday, December 9th. The company reported C$0.82 earnings per share for the quarter. The firm had revenue of C$634.32 million during the quarter. North West had a net margin of 5.14% and a return on equity of 18.43%. As a group, equities analysts anticipate that The North West Company Inc. will post 3.4924863 EPS for the current year.

North West Company Profile

The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company’s revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International.