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

The North West Company Inc. (TSE:NWC) shares passed 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.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada lowered their price objective on shares of North West from C$60.00 to C$58.00 and set an “outperform” rating for the company in a research report on Thursday, December 4th. BMO Capital Markets decreased their target price on shares of North West from C$57.00 to C$56.00 and set an “outperform” rating on the stock in a research note on Thursday, December 11th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, North West has an average rating of “Buy” and an average price target of C$58.75.

North West Stock Up 0.1%

The stock has a 50-day moving average price of C$49.94 and a 200-day moving average price of C$48.79. The company has a debt-to-equity ratio of 59.78, a current ratio of 2.16 and a quick ratio of 0.64. The company has a market capitalization of C$2.61 billion, a P/E ratio of 18.62, a P/E/G ratio of 1.11 and a beta of -0.17.

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

About North West

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.