Insider Selling: The North West Company Inc. (TSE:NWC) Senior Officer Sells C$55,050.14 in Stock

The North West Company Inc. (TSE:NWCGet Free Report) Senior Officer Jim Caldwell sold 1,126 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of C$48.89, for a total value of C$55,050.14. Following the completion of the sale, the insider now owns 916 shares in the company, valued at approximately C$44,783.24. This represents a 55.14 % decrease in their ownership of the stock.

North West Stock Up 0.4 %

TSE NWC opened at C$49.18 on Friday. The firm has a market cap of C$2.35 billion, a PE ratio of 17.95, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64. The North West Company Inc. has a one year low of C$37.15 and a one year high of C$55.93. The stock’s 50 day simple moving average is C$52.19 and its 200 day simple moving average is C$47.51. The company has a debt-to-equity ratio of 60.00, a current ratio of 2.22 and a quick ratio of 0.64.

Analyst Ratings Changes

Several research firms have recently weighed in on NWC. BMO Capital Markets upgraded North West from a “market perform” rating to an “outperform” rating and upped their price objective for the company from C$56.00 to C$58.00 in a research note on Thursday. Royal Bank of Canada increased their price target on North West from C$40.00 to C$47.00 in a research report on Friday, September 6th. Finally, TD Securities increased their price target on North West from C$52.00 to C$59.00 in a research report on Friday, September 6th.

View Our Latest Analysis on North West

About North West

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for North West (TSE:NWC)

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