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

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

North West Stock Performance

NWC opened at C$39.13 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 0.64 and a debt-to-equity ratio of 57.45. The company’s fifty day moving average price is C$39.31 and its two-hundred day moving average price is C$38.26. 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 market cap of C$1.86 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 1.11 and a beta of 0.62.

North West Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, April 18th will be issued a dividend of $0.39 per share. The ex-dividend date is Wednesday, April 17th. This represents a $1.56 annualized dividend and a yield of 3.99%. North West’s payout ratio is 58.43%.

Wall Street Analysts Forecast Growth

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

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.