North American Construction Group Ltd. (TSE:NOA) Director Martin Robert Ferron Sells 4,000 Shares

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) Director Martin Robert Ferron sold 4,000 shares of North American Construction Group stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of C$31.85, for a total transaction of C$127,400.00.

North American Construction Group Price Performance

TSE NOA opened at C$30.73 on Thursday. The firm’s fifty day simple moving average is C$32.13 and its two-hundred day simple moving average is C$29.83. The company has a current ratio of 0.91, a quick ratio of 0.79 and a debt-to-equity ratio of 201.05. North American Construction Group Ltd. has a 12-month low of C$22.06 and a 12-month high of C$34.87. The firm has a market capitalization of C$821.41 million, a P/E ratio of 14.70, a P/E/G ratio of 0.79 and a beta of 1.70.

North American Construction Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 5th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $0.40 annualized dividend and a dividend yield of 1.30%. North American Construction Group’s payout ratio is currently 19.14%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of North American Construction Group from C$39.00 to C$42.00 in a report on Thursday, March 14th. National Bankshares lifted their price objective on shares of North American Construction Group from C$43.00 to C$46.00 in a report on Friday, March 15th. CIBC lifted their price objective on shares of North American Construction Group from C$32.50 to C$33.00 in a report on Friday, March 15th. TD Securities lifted their price target on shares of North American Construction Group from C$33.00 to C$34.00 and gave the stock a “hold” rating in a report on Thursday, March 14th. Finally, ATB Capital cut their price target on shares of North American Construction Group from C$46.00 to C$45.00 in a report on Thursday, March 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$40.13.

North American Construction Group Company Profile

North American Construction Group Ltd. provides equipment maintenance, and mining and heavy construction services in Canada, the United States, and Australia. Its Heavy Construction & Mining division offers constructability reviews, budgetary cost estimates, design-build construction, project management, contract mining, pre-stripping/pit pioneering, overburden removal and stockpile, muskeg removal and stockpile, site preparation, air strip construction, site dewatering/perimeter ditching, tailings and process pipelines, haulage and access road construction, tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and reclamation services; and Equipment Maintenance services.