North West (OTCMKTS:NNWWF) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

The North West Company Inc. (OTCMKTS:NNWWF – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $37.51 and traded as low as $35.98. North West shares last traded at $36.98, with a volume of 9,815 shares.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of North West in a research note on Thursday, September 10th. Two research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $56.00.

Get Our Latest Stock Analysis on NNWWF

North West Stock Up 13.7%

The company has a 50 day moving average price of $37.90 and a two-hundred day moving average price of $37.54.

About North West

(Get Free Report)

North West Company Inc is a Canadian retailer serving communities across Northern Canada, rural Alaska and the South Pacific. The company operates stores in regions where access to essential goods and services can be limited, focusing on food, general merchandise and everyday household needs.

Its retail operations include the Northern and NorthMart banners in Canada, as well as related store formats in Alaska and other markets. Product offerings generally include fresh and packaged groceries, apparel, home and general merchandise, health and beauty products, and pharmacy services.

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