North American Construction Group Ltd. (TSE:NOA - Get Free Report) (NYSE:NOA) Director Martin Robert Ferron purchased 10,000 shares of the firm's stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average price of C$22.27 per share, with a total value of C$222,700.00.
Martin Robert Ferron also recently made the following trade(s):
- On Thursday, March 27th, Martin Robert Ferron acquired 4,000 shares of North American Construction Group stock. The shares were purchased at an average cost of C$23.21 per share, with a total value of C$92,835.60.
- On Monday, March 24th, Martin Robert Ferron purchased 4,000 shares of North American Construction Group stock. The shares were purchased at an average price of C$23.31 per share, for a total transaction of C$93,236.00.
North American Construction Group Price Performance
TSE NOA opened at C$22.07 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 212.25. The stock has a market capitalization of C$590.75 million, a PE ratio of 10.38, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. North American Construction Group Ltd. has a 12-month low of C$21.88 and a 12-month high of C$31.91. The company has a 50 day moving average price of C$25.32 and a two-hundred day moving average price of C$26.86.
North American Construction Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, April 9th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date is Thursday, March 13th. North American Construction Group's dividend payout ratio is presently 18.81%.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the stock. Raymond James upgraded shares of North American Construction Group from an "outperform" rating to a "strong-buy" rating and set a C$40.00 price objective on the stock in a research report on Thursday, January 30th. Ventum Financial dropped their price target on North American Construction Group from C$45.00 to C$42.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Cibc World Mkts upgraded North American Construction Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 5th. BMO Capital Markets dropped their target price on North American Construction Group from C$35.00 to C$34.00 in a report on Thursday, March 20th. Finally, National Bankshares decreased their price target on shares of North American Construction Group from C$44.00 to C$41.00 and set an "outperform" rating for the company in a report on Friday, March 21st. Six research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$37.38.
Read Our Latest Stock Report on North American Construction Group
About North American Construction Group
(
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North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments.
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