North American Construction Group Ltd (TSE:NOA) (NYSE:NOA) Senior Officer Joseph Charles Lambert sold 4,000 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of C$16.33, for a total transaction of C$65,328.00. Following the sale, the insider now owns 113,247 shares of the company’s stock, valued at C$1,849,550.
Joseph Charles Lambert also recently made the following trade(s):
- On Wednesday, September 11th, Joseph Charles Lambert sold 3,000 shares of North American Construction Group stock. The shares were sold at an average price of C$17.18, for a total transaction of C$51,527.10.
Shares of NOA traded down C$0.77 during trading on Friday, reaching C$16.06. 58,800 shares of the company traded hands, compared to its average volume of 79,869. North American Construction Group Ltd has a twelve month low of C$10.64 and a twelve month high of C$18.36. The stock has a 50-day simple moving average of C$15.61 and a 200-day simple moving average of C$15.45.
The business also recently declared a quarterly dividend, which will be paid on Friday, October 4th. Shareholders of record on Saturday, August 31st will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Thursday, August 29th.
A number of equities research analysts have weighed in on NOA shares. Raymond James lifted their price target on shares of North American Construction Group from C$22.00 to C$26.00 and gave the company a “strong-buy” rating in a research report on Friday, August 2nd. National Bank Financial lifted their price target on shares of North American Construction Group from C$23.00 to C$23.50 and gave the company an “outperform” rating in a research report on Thursday, August 1st.
About North American Construction Group
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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