North West Company Inc (TSE:NWC) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.88 and traded as low as $28.24. North West shares last traded at $28.35, with a volume of 130,415 shares traded.
NWC has been the topic of a number of research reports. Royal Bank of Canada boosted their target price on shares of North West from C$30.00 to C$31.00 and gave the stock a “sector perform” rating in a report on Friday, September 13th. BMO Capital Markets reiterated a “market perform” rating and issued a C$31.00 target price on shares of North West in a report on Friday, June 14th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of C$32.42.
The company has a current ratio of 2.18, a quick ratio of 0.82 and a debt-to-equity ratio of 129.78. The business’s fifty day moving average is C$30.44 and its 200 day moving average is C$29.88. The firm has a market capitalization of $1.40 billion and a P/E ratio of 14.81.
About North West (TSE:NWC)
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 Canada, Alaska, the South Pacific, and the Caribbean. The company's Canadian operations comprise 117 Northern stores, which offers food, financial services, and general merchandise; 5 NorthMart stores that provides fresh foods, apparel, and health products and services; 44 Giant Tiger junior discount stores, which offers family fashion, household products, and food; 22 Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; 1 Solo Market store for rural market; 1 Valu Lots discount center and direct-to-customer food distribution outlet; 2 Pharmacy and Convenience stores; and 1 North West Company Fur Marketing outlet that offers wild furs, handicrafts, and authentic Canadian heritage products.
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