North West (OTCMKTS:NNWWF) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

The North West Company Inc. (OTCMKTS:NNWWF) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $35.94 and traded as low as $34.02. North West shares last traded at $34.02, with a volume of 2,121 shares.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada started coverage on shares of North West in a report on Monday, July 28th. They issued an “outperform” rating for the company. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.

North West Price Performance

The company has a 50-day simple moving average of $33.56 and a two-hundred day simple moving average of $35.94.

North West Company Profile

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.