The North West Company Inc. (OTCMKTS:NNWWF – Get Free Report) shares traded down 8.1% on Wednesday. The stock traded as low as $35.98 and last traded at $36.98. 9,815 shares were traded during trading, a decline of 16% from the average daily volume of 11,727 shares. The stock had previously closed at $40.22.
Wall Street Analysts Forecast Growth
Separately, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of North West in a report on Thursday, September 10th. Two analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $56.00.
Check Out Our Latest Report on North West
North West Stock Performance
The stock has a 50 day simple moving average of $37.76 and a two-hundred day simple moving average of $37.51.
About North West
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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