The North West Company Inc. (TSE:NWC - Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$48.50 and traded as low as C$46.76. North West shares last traded at C$46.89, with a volume of 80,721 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets upgraded North West from a "market perform" rating to an "outperform" rating and boosted their price target for the company from C$56.00 to C$58.00 in a report on Thursday, December 19th.
View Our Latest Stock Report on North West
North West Stock Down 2.3 %
The company has a debt-to-equity ratio of 60.00, a current ratio of 2.22 and a quick ratio of 0.64. The stock has a market cap of C$2.19 billion, a price-to-earnings ratio of 16.72, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64. The firm's 50-day moving average is C$51.06 and its 200 day moving average is C$48.50.
Insider Transactions at North West
In related news, Senior Officer John King sold 4,554 shares of the firm's stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of C$52.80, for a total transaction of C$240,451.20. Also, Senior Officer Jim Caldwell sold 1,126 shares of the company's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of C$48.89, for a total value of C$55,050.14. Following the completion of the transaction, the insider now owns 916 shares of the company's stock, valued at approximately C$44,783.24. This represents a 55.14 % decrease in their position. In the last quarter, insiders sold 10,461 shares of company stock worth $547,938. 0.12% of the stock is currently owned by company insiders.
North West Company Profile
(
Get Free Report)
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.
Read More
Before you consider North West, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and North West wasn't on the list.
While North West currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
