North American Energy Partners Inc. (NOA) Trading 3.5% Higher
Shares of North American Energy Partners Inc. (NYSE:NOA) traded up 3.5% during mid-day trading on Thursday . The company traded as high as $2.65 and last traded at $2.65, with a volume of 62,093 shares trading hands. The stock had previously closed at $2.56.
A number of analysts have recently weighed in on the stock. Zacks Investment Research cut shares of North American Energy Partners from a “buy” rating to a “hold” rating in a research note on Saturday, July 30th. TheStreet upgraded shares of North American Energy Partners from a “sell” rating to a “hold” rating in a research note on Thursday, May 26th. Finally, Sterne Agee CRT restated a “neutral” rating on shares of North American Energy Partners in a research note on Monday, May 16th.
The firm has a 50 day moving average price of $2.69 and a 200 day moving average price of $2.33. The stock’s market capitalization is $78.77 million.
The company also recently announced a dividend, which will be paid on Friday, October 7th. Investors of record on Wednesday, August 31st will be paid a $0.015 dividend. The ex-dividend date is Monday, August 29th. This is a positive change from North American Energy Partners’s previous dividend of $0.01.
North American Energy Partners Inc provides a range of mining and heavy construction services. The Company offers its services to customers in the resource development and industrial construction sectors, within Western Canada. The Company provides construction and operations support services through various stages of an oil sands project’s lifecycle.
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