The North West Company Inc. (TSE:NWC) Senior Officer Jim Caldwell Sells 1,126 Shares

The North West Company Inc. (TSE:NWC) Senior Officer Jim Caldwell sold 1,126 shares of the business’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 transaction of C$55,050.14. Following the completion of the transaction, the insider now directly owns 916 shares of the company’s stock, valued at approximately C$44,783.24. This represents a 55.14 % decrease in their position.

North West Price Performance

Shares of NWC stock opened at C$48.98 on Wednesday. The firm has a fifty day simple moving average of C$52.30 and a 200-day simple moving average of C$47.35. The company has a market capitalization of C$2.34 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64. The North West Company Inc. has a twelve month low of C$37.15 and a twelve month high of C$55.93. The company has a current ratio of 2.22, a quick ratio of 0.64 and a debt-to-equity ratio of 60.00.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Royal Bank of Canada upped their target price on North West from C$40.00 to C$47.00 in a research note on Friday, September 6th. TD Securities boosted their price target on North West from C$52.00 to C$59.00 in a research report on Friday, September 6th. Finally, BMO Capital Markets increased their price objective on shares of North West from C$44.00 to C$56.00 in a research report on Friday, September 6th.

About North West

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.