The North West Company Inc. (TSE:NWC - Get Free Report) Director George Mcconnell Daniel sold 10,943 shares of the company's stock in a transaction dated Tuesday, April 22nd. The stock was sold at an average price of C$54.95, for a total transaction of C$601,317.85.
North West Price Performance
TSE NWC opened at C$54.87 on Friday. The North West Company Inc. has a 12-month low of C$37.15 and a 12-month high of C$55.93. The firm's fifty day simple moving average is C$49.40 and its two-hundred day simple moving average is C$49.77. The company has a current ratio of 2.16, a quick ratio of 0.64 and a debt-to-equity ratio of 59.78. The firm has a market capitalization of C$2.64 billion, a P/E ratio of 20.17, a P/E/G ratio of 1.11 and a beta of 0.64.
North West Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 24th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.92%. The ex-dividend date was Wednesday, April 16th. North West's dividend payout ratio is currently 58.83%.
Analysts Set New Price Targets
NWC has been the subject of several recent research reports. CIBC boosted their price target on shares of North West from C$59.00 to C$60.00 and gave the company an "outperform" rating in a report on Friday, April 11th. BMO Capital Markets upped their target price on North West from C$58.00 to C$60.00 in a report on Thursday, April 10th. TD Securities lifted their price target on North West from C$59.00 to C$63.00 and gave the company a "buy" rating in a report on Thursday, April 10th. Finally, Cibc World Mkts upgraded North West to a "strong-buy" rating in a research note on Wednesday, February 19th.
Check Out Our Latest Report on North West
North West Company Profile
(
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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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