The North West Company Inc. (TSE:NWC) Senior Officer David Michael Chatyrbok Sells 1,000 Shares of Stock

The North West Company Inc. (TSE:NWC) Senior Officer David Michael Chatyrbok sold 1,000 shares of the firm’s stock in a transaction on Wednesday, April 17th. The stock was sold at an average price of C$39.10, for a total transaction of C$39,098.50.

North West Trading Up 0.4 %

Shares of North West stock opened at C$38.83 on Tuesday. The North West Company Inc. has a 1 year low of C$29.58 and a 1 year high of C$41.12. The company has a debt-to-equity ratio of 57.45, a current ratio of 2.01 and a quick ratio of 0.64. The stock has a market cap of C$1.85 billion, a PE ratio of 14.54, a price-to-earnings-growth ratio of 1.11 and a beta of 0.62. The firm has a fifty day moving average price of C$39.30 and a 200 day moving average price of C$38.24.

North West Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, April 18th will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, April 17th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.02%. North West’s payout ratio is currently 58.43%.

Analyst Ratings Changes

Several equities analysts recently issued reports on NWC shares. TD Securities upped their target price on North West from C$44.00 to C$45.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Jefferies Financial Group increased their price objective on North West from C$41.00 to C$43.00 and gave the company a “neutral” rating in a report on Friday, April 12th. Finally, Royal Bank of Canada lifted their target price on North West from C$38.00 to C$40.00 in a report on Thursday, April 11th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of C$41.20.

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.