North West (OTCMKTS:NNWWF) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

The North West Company Inc. (OTCMKTS:NNWWF) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $35.31 and traded as low as $32.91. North West shares last traded at $34.39, with a volume of 38,450 shares trading hands.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets set a $56.00 price objective on North West in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, North West presently has an average rating of “Buy” and a consensus target price of $56.00.

North West Stock Up 0.9%

The stock has a 50 day moving average of $33.54 and a 200 day moving average of $35.22.

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.