The North West Company Inc. (TSE:NWC) Senior Officer Sells 250 Shares

The North West Company Inc. (TSE:NWC) Senior Officer Leanne Flewitt sold 250 shares of the stock in a transaction dated Friday, April 25th. The shares were sold at an average price of C$54.85, for a total transaction of C$13,712.50.

North West Price Performance

Shares of TSE NWC traded up C$0.11 during mid-day trading on Monday, reaching C$54.98. The company had a trading volume of 20,845 shares, compared to its average volume of 130,440. The firm has a market cap of C$2.65 billion, a price-to-earnings ratio of 20.21, a PEG ratio of 1.11 and a beta of 0.64. The business’s 50-day simple moving average is C$49.40 and its 200 day simple moving average is C$49.74. The North West Company Inc. has a one year low of C$37.15 and a one year high of C$55.93. The company has a debt-to-equity ratio of 59.78, a quick ratio of 0.64 and a current ratio of 2.16.

North West Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 24th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend was Wednesday, April 16th. North West’s payout ratio is presently 58.83%.

Wall Street Analyst Weigh In

NWC has been the subject of several recent research reports. TD Securities boosted their price target on North West from C$59.00 to C$63.00 and gave the company a “buy” rating in a research note on Thursday, April 10th. BMO Capital Markets upped their price target on shares of North West from C$58.00 to C$60.00 in a research note on Thursday, April 10th. CIBC lifted their price objective on shares of North West from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday, April 11th. Finally, Cibc World Mkts raised shares of North West to a “strong-buy” rating in a report on Wednesday, February 19th.

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.