The North West Company Inc. (TSE:NWC) Senior Officer Michael Beaulieu Sells 1,850 Shares of Stock

The North West Company Inc. (TSE:NWC) Senior Officer Michael Beaulieu sold 1,850 shares of the company’s stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of C$54.77, for a total transaction of C$101,324.50.

North West Stock Performance

Shares of North West stock opened at C$55.04 on Tuesday. The firm has a market capitalization of C$2.65 billion, a P/E ratio of 20.24, a P/E/G ratio of 1.11 and a beta of 0.64. The North West Company Inc. has a 52 week low of C$37.15 and a 52 week high of C$55.93. The company has a quick ratio of 0.64, a current ratio of 2.16 and a debt-to-equity ratio of 59.78. The firm’s 50 day moving average is C$49.58 and its two-hundred day moving average is C$49.76.

North West Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Cibc World Mkts upgraded shares of North West to a “strong-buy” rating in a research note on Wednesday, February 19th. CIBC upped their target price 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. BMO Capital Markets upped their target price on shares of North West from C$58.00 to C$60.00 in a research note on Thursday, April 10th. Finally, TD Securities increased their price target on shares of 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.

About North West

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.