North West (TSE:NWC) Shares Pass Above Two Hundred Day Moving Average - What's Next?

The North West Company Inc. (TSE:NWC - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$45.01 and traded as high as C$54.42. North West shares last traded at C$53.99, with a volume of 48,333 shares traded.

Analyst Ratings Changes

A number of research firms have recently commented on NWC. TD Securities lifted their price target on shares of North West from C$52.00 to C$59.00 in a research report on Friday, September 6th. BMO Capital Markets boosted their target price on shares of North West from C$44.00 to C$56.00 in a research report on Friday, September 6th. Finally, Royal Bank of Canada raised their price target on North West from C$40.00 to C$47.00 in a research report on Friday, September 6th.

North West Trading Down 0.5 %

The company has a debt-to-equity ratio of 60.00, a quick ratio of 0.64 and a current ratio of 2.22. The company's 50 day moving average is C$51.39 and its 200 day moving average is C$45.11. The stock has a market capitalization of C$2.56 billion, a price-to-earnings ratio of 19.62, a PEG ratio of 1.11 and a beta of 0.64.

North West (TSE:NWC - Get Free Report) last announced its quarterly earnings data on Wednesday, September 4th. The company reported C$0.73 EPS for the quarter, beating analysts' consensus estimates of C$0.71 by C$0.02. North West had a net margin of 5.25% and a return on equity of 19.76%. The business had revenue of C$646.49 million during the quarter. On average, research analysts forecast that The North West Company Inc. will post 3.4924863 EPS for the current fiscal year.

North West Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.40 per share. This is a boost from North West's previous quarterly dividend of $0.39. The ex-dividend date was Monday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.98%. North West's dividend payout ratio (DPR) is currently 58.39%.

Insider Activity

In related news, Senior Officer Leanne Flewitt sold 9,975 shares of the firm's 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 transaction of C$519,597.75. In related news, Senior Officer Leanne Flewitt sold 9,975 shares of the stock in a transaction dated Monday, October 7th. The shares were sold at an average price of C$52.09, for a total transaction of C$519,597.75. Also, Senior Officer Matthew Johnson sold 1,179 shares of North West stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$52.37, for a total transaction of C$61,744.23. In the last ninety days, insiders have sold 29,365 shares of company stock worth $1,531,575. Company insiders own 0.12% of the company's stock.

North West Company Profile

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.