North West (TSE:NWC) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

The North West Company Inc. (TSE:NWC)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$48.79 and traded as high as C$55.54. North West shares last traded at C$54.73, with a volume of 201,747 shares changing hands.

Wall Street Analyst Weigh In

NWC has been the topic of a number of recent research reports. Royal Bank Of Canada decreased their target price on North West from C$60.00 to C$58.00 and set an “outperform” rating on the stock in a report on Thursday, December 4th. BMO Capital Markets cut their price objective on North West from C$57.00 to C$56.00 and set an “outperform” rating on the stock in a report on Thursday, December 11th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$58.75.

North West Stock Up 1.4%

The business has a fifty day moving average price of C$50.06 and a two-hundred day moving average price of C$48.85. The company has a current ratio of 2.16, a quick ratio of 0.64 and a debt-to-equity ratio of 59.78. The company has a market cap of C$2.65 billion, a price-to-earnings ratio of 18.87, a P/E/G ratio of 1.11 and a beta of -0.17.

North West (TSE:NWC) last issued its earnings results on Tuesday, December 9th. The company reported C$0.82 earnings per share (EPS) for the quarter. North West had a net margin of 5.14% and a return on equity of 18.43%. The company had revenue of C$634.32 million during the quarter. On average, equities analysts predict that The North West Company Inc. will post 3.4924863 earnings per share for the current year.

North West Company Profile

The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company’s revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International.