North West (TSE:NWC) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Shares of The North West Company Inc. (TSE:NWC - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$43.89 and traded as high as C$51.47. North West shares last traded at C$51.10, with a volume of 58,197 shares trading hands.

Wall Street Analysts Forecast Growth

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

North West Stock Down 0.3 %

The company has a current ratio of 2.22, a quick ratio of 0.64 and a debt-to-equity ratio of 60.00. The stock has a market cap of C$2.44 billion, a P/E ratio of 18.65, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64. The stock's fifty day moving average price is C$49.38 and its 200 day moving average price is C$43.92.

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

North West Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 annualized dividend and a yield of 3.13%. This is a positive change from North West's previous quarterly dividend of $0.39. North West's dividend payout ratio is currently 58.39%.

Insider Buying and Selling at North West

In other North West news, Senior Officer David Michael Chatyrbok sold 3,000 shares of North West stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of C$51.65, for a total value of C$154,950.00. In other North West news, Senior Officer David Michael Chatyrbok sold 3,000 shares of the business's stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$51.65, for a total value of C$154,950.00. Also, Senior Officer Cole James Ashley Akerstream sold 1,899 shares of the company's stock in a transaction dated Friday, October 11th. The shares were sold at an average price of C$52.67, for a total transaction of C$100,020.33. Insiders have sold 20,030 shares of company stock worth $1,038,687 over the last ninety days. Insiders own 0.12% of the company's stock.

About North West

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.