North West (TSE:NWC) Shares Pass Above 200 Day Moving Average – Should You Sell?

The North West Company Inc. (TSE:NWC) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$49.56 and traded as high as C$54.50. North West shares last traded at C$54.23, with a volume of 163,355 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NWC. BMO Capital Markets dropped their target price on North West from C$57.00 to C$56.00 and set an “outperform” rating for the company in a report on Thursday, December 11th. Royal Bank Of Canada lowered 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 report on Thursday, December 4th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$58.75.

North West Stock Performance

The company has a quick ratio of 0.64, a current ratio of 2.26 and a debt-to-equity ratio of 60.08. The stock has a market capitalization of C$2.59 billion, a P/E ratio of 18.45, a P/E/G ratio of 1.11 and a beta of 0.06. The business has a fifty day moving average price of C$52.32 and a 200-day moving average price of C$49.56.

North West (TSE:NWC) last released its quarterly earnings data on Tuesday, December 9th. The company reported C$0.82 EPS for the quarter. North West had a return on equity of 18.44% and a net margin of 5.51%.The company had revenue of C$634.32 million during the quarter. On average, sell-side analysts expect 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.