North American Construction Group (TSE:NOA) Share Price Crosses Above Two Hundred Day Moving Average of $0.00

North American Construction Group Ltd (TSE:NOA) (NYSE:NOA) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $13.51. North American Construction Group shares last traded at $13.47, with a volume of 22,900 shares changing hands.

A number of research firms recently commented on NOA. National Bank Financial decreased their price objective on Stelco from C$21.00 to C$18.00 and set an “outperform” rating on the stock in a research note on Thursday, May 2nd. Raymond James reissued a “neutral” rating and issued a $35.00 price target on shares of Stantec in a research note on Monday, May 13th.

The business has a 50 day moving average price of C$14.11.

North American Construction Group (TSE:NOA) (NYSE:NOA) last issued its quarterly earnings results on Tuesday, April 30th. The company reported C$0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.47 by C$0.05. The business had revenue of C$186.41 million during the quarter, compared to analyst estimates of C$212.60 million. Research analysts expect that North American Construction Group Ltd will post 1.42 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 5th. Shareholders of record on Friday, July 5th were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date was Thursday, May 30th.

About North American Construction Group (TSE:NOA)

North American Energy Partners Inc, through its subsidiaries, provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily in Western Canada. The company offers construction and operations support services through various stages of an oil sands project's lifecycle.

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