North West (TSE:NWC) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

The North West Company Inc. (TSE:NWC)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$49.56 and traded as high as C$54.50. North West shares last traded at C$54.23, with a volume of 163,355 shares traded.

Analyst Upgrades and Downgrades

NWC has been the subject of several research analyst reports. Royal Bank Of Canada reduced their price objective on North West from C$60.00 to C$58.00 and set an “outperform” rating for the company in a research note on Thursday, December 4th. BMO Capital Markets reduced their price target on shares of North West from C$57.00 to C$56.00 and set an “outperform” rating for the company in a research report on Thursday, December 11th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$58.75.

North West Stock Up 0.6%

The company has a debt-to-equity ratio of 60.08, a current ratio of 2.26 and a quick ratio of 0.64. The business has a 50 day simple moving average of C$52.43 and a 200 day simple moving average of C$49.59. The stock has a market cap of C$2.60 billion, a PE ratio of 18.55, a P/E/G ratio of 1.11 and a beta of 0.06.

North West (TSE:NWC) last posted its quarterly earnings results on Tuesday, December 9th. The company reported C$0.82 earnings per share for the quarter. North West had a return on equity of 18.44% and a net margin of 5.51%.The company had revenue of C$634.32 million during the quarter. On average, equities research analysts forecast 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.