North American Construction Group Ltd. (TSE:NOA – Get Free Report) (NYSE:NOA) hit a new 52-week low during mid-day trading on Thursday. The company traded as low as C$15.40 and last traded at C$15.90, with a volume of 239,924 shares traded. The stock had previously closed at C$16.69.
Analyst Ratings Changes
Separately, National Bank Financial decreased their price objective on shares of North American Construction Group from C$30.00 to C$28.00 and set an “outperform” rating on the stock in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, North American Construction Group has an average rating of “Moderate Buy” and an average target price of C$22.71.
View Our Latest Stock Report on North American Construction Group
North American Construction Group Stock Performance
The firm has a market capitalization of C$441.39 million, a PE ratio of 14.64, a price-to-earnings-growth ratio of 0.79 and a beta of 0.83. The company has a debt-to-equity ratio of 246.95, a quick ratio of 0.79 and a current ratio of 1.07. The business’s fifty day simple moving average is C$18.17 and its 200-day simple moving average is C$18.96.
North American Construction Group (TSE:NOA – Get Free Report) (NYSE:NOA) last released its earnings results on Wednesday, August 12th. The company reported C$0.32 EPS for the quarter. The firm had revenue of C$400.96 million for the quarter. North American Construction Group had a net margin of 2.41% and a return on equity of 7.40%. As a group, equities research analysts expect that North American Construction Group Ltd. will post 4.06 EPS for the current year.
North American Construction Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, October 2nd were paid a $0.12 dividend. The ex-dividend date was Friday, August 28th. This represents a $0.48 annualized dividend and a yield of 2.9%. North American Construction Group’s payout ratio is presently 42.86%.
Insider Activity at North American Construction Group
In related news, insider North American Construction Group Ltd. acquired 110,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was acquired at an average price of C$19.01 per share, with a total value of C$2,091,100.00. Following the acquisition, the insider directly owned 110,000 shares of the company’s stock, valued at approximately C$2,091,100. This trade represents a ∞ increase in their ownership of the stock. 8.93% of the stock is owned by company insiders.
North American Construction Group Company Profile
North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets.
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