The North West Company Inc. (TSE:NWC - Get Free Report)'s stock price was down 1.7% during trading on Friday . The stock traded as low as C$47.96 and last traded at C$48.01. Approximately 162,807 shares were traded during mid-day trading, an increase of 121% from the average daily volume of 73,701 shares. The stock had previously closed at C$48.84.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on NWC shares. Royal Bank of Canada increased their target price on North West from C$40.00 to C$47.00 in a research note on Friday, September 6th. BMO Capital Markets increased their price objective on shares of North West from C$44.00 to C$56.00 in a research note on Friday, September 6th. Finally, TD Securities boosted their price target on North West from C$52.00 to C$59.00 in a report on Friday, September 6th.
Read Our Latest Research Report on NWC
North West Stock Performance
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 company has a fifty day moving average price of C$52.48 and a two-hundred day moving average price of C$47.12. The company has a market capitalization of C$2.29 billion, a P/E ratio of 17.52, a PEG ratio of 1.11 and a beta of 0.64.
Insider Activity at North West
In other North West news, Senior Officer Leanne Flewitt sold 9,975 shares of the stock in a transaction dated Monday, October 7th. The stock was 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 that occurred on Friday, October 4th. The stock was sold at an average price of C$52.37, for a total value of C$61,744.23. Insiders sold 26,365 shares of company stock worth $1,376,625 over the last three months. Company insiders own 0.12% of the company's stock.
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.
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