The North West Company Inc. (TSE:NWC - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$48.21 and traded as high as C$49.80. North West shares last traded at C$49.36, with a volume of 53,443 shares.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on NWC. TD Securities upped their price objective on shares of North West from C$52.00 to C$59.00 in a research report on Friday, September 6th. BMO Capital Markets raised North West from a "market perform" rating to an "outperform" rating and increased their price target for the company from C$56.00 to C$58.00 in a report on Thursday, December 19th. Finally, Royal Bank of Canada lifted their price objective on North West from C$40.00 to C$47.00 in a report on Friday, September 6th.
View Our Latest Stock Report on NWC
North West Trading Up 0.2 %
The firm has a market cap of C$2.36 billion, a price-to-earnings ratio of 18.01, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64. The business's 50 day moving average price is C$51.58 and its 200-day moving average price is C$48.21. The company has a debt-to-equity ratio of 60.00, a quick ratio of 0.64 and a current ratio of 2.22.
Insider Activity
In other North West news, Senior Officer Leanne Flewitt sold 9,975 shares of North West stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of C$52.09, for a total value of C$519,597.75. Also, Senior Officer Cole James Ashley Akerstream sold 1,899 shares of the company's stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of C$52.67, for a total value of C$100,020.33. In the last ninety days, insiders sold 22,704 shares of company stock worth $1,186,696. 0.12% of the stock is currently owned by insiders.
About North West
(
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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.
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