North American Construction Group Ltd. (TSE:NOA) Director Sells C$127,400.00 in Stock

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) Director Martin Robert Ferron sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of C$31.85, for a total value of C$127,400.00.

North American Construction Group Stock Performance

TSE:NOA opened at C$30.73 on Thursday. The company has a debt-to-equity ratio of 201.05, a current ratio of 0.91 and a quick ratio of 0.79. The business has a fifty day simple moving average of C$32.13 and a two-hundred day simple moving average of C$29.83. North American Construction Group Ltd. has a 1 year low of C$22.06 and a 1 year high of C$34.87. The company has a market capitalization of C$821.41 million, a P/E ratio of 14.70, a P/E/G ratio of 0.79 and a beta of 1.70.

North American Construction Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 5th. Shareholders of record on Friday, March 8th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, March 7th. North American Construction Group’s dividend payout ratio is currently 19.14%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. BMO Capital Markets raised their target price on North American Construction Group from C$39.00 to C$42.00 in a report on Thursday, March 14th. ATB Capital decreased their price target on North American Construction Group from C$46.00 to C$45.00 in a research report on Thursday, March 14th. National Bankshares increased their price target on North American Construction Group from C$43.00 to C$46.00 in a research report on Friday, March 15th. CIBC increased their price target on North American Construction Group from C$32.50 to C$33.00 in a research report on Friday, March 15th. Finally, TD Securities increased their price target on North American Construction Group from C$33.00 to C$34.00 and gave the company a “hold” rating in a research report on Thursday, March 14th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$40.13.

About North American Construction Group

North American Construction Group Ltd. provides equipment maintenance, and mining and heavy construction services in Canada, the United States, and Australia. Its Heavy Construction & Mining division offers constructability reviews, budgetary cost estimates, design-build construction, project management, contract mining, pre-stripping/pit pioneering, overburden removal and stockpile, muskeg removal and stockpile, site preparation, air strip construction, site dewatering/perimeter ditching, tailings and process pipelines, haulage and access road construction, tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and reclamation services; and Equipment Maintenance services.