Will North West Company Inc Short Squeeze Soon?

 Will North West Company Inc Short Squeeze Soon?

The stock of North West Company Inc (TSE:NWC) is a huge mover today! About 63,115 shares traded hands. North West Company Inc (TSE:NWC) has declined 15.61% since March 30, 2016 and is downtrending. It has underperformed by 16.82% the S&P500.
The move comes after 5 months negative chart setup for the $1.18 billion company. It was reported on Nov, 3 by Barchart.com. We have $23.39 PT which if reached, will make TSE:NWC worth $70.80M less.

North West Company Inc (TSE:NWC) Ratings Coverage

Out of 4 analysts covering North West Company (TSE:NWC), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. $33 is the highest target while $26 is the lowest. The $29 average target is 16.56% above today’s ($24.88) stock price. North West Company has been the topic of 15 analyst reports since September 9, 2015 according to StockzIntelligence Inc. Dundee Securities maintained the stock with “Neutral” rating in Thursday, September 22 report. The firm has “Hold” rating given on Friday, September 2 by TD Securities. The firm has “Hold” rating by TD Securities given on Wednesday, November 4.

More important recent North West Company Inc (TSE:NWC) news were published by: Marketwired.com which released: “The North West Company Inc. Announces Second Quarter Earnings and a Quarterly …” on September 08, 2016, also Marketwired.com published article titled: “The North West Company Inc. Second Quarter Results and Conference Call”, Fool.ca published: “3 Reasons to Own North West Company Inc .” on May 13, 2016. More interesting news about North West Company Inc (TSE:NWC) was released by: Seekingalpha.com and their article: “A Canadian Dividend Paying Gem” with publication date: October 12, 2016.

The North West Company Inc. is a retailer of food and everyday services and products to rural communities and urban neighborhoods in Canada, Alaska, the South Pacific and the Caribbean. The company has a market cap of $1.18 billion. The Company’s divisions are Canadian Operations and International Operations. It has a 17.34 P/E ratio. The Company’s Canadian Operations consist of approximately 120 Northern stores, over five NorthMart stores, approximately 10 Quickstop convenience stores, over 34 Giant Tiger junior discount stores, a Valu Lots discount center, a Solo Market store, a Price Chopper store, Crescent Multi Foods (CMF) and approximately two North West Company Fur Marketing outlets.

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