Shares of NACCO Industries, Inc. (NYSE:NC - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $29.14 and traded as high as $31.58. NACCO Industries shares last traded at $31.50, with a volume of 3,049 shares traded.
NACCO Industries Price Performance
The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.39 and a current ratio of 3.76. The business has a 50 day moving average price of $30.65 and a 200-day moving average price of $29.14. The company has a market capitalization of $226.70 million, a price-to-earnings ratio of -13.39 and a beta of 0.97.
NACCO Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.2275 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend was Monday, December 2nd. NACCO Industries's payout ratio is -39.22%.
Institutional Trading of NACCO Industries
Hedge funds have recently modified their holdings of the stock. Barclays PLC grew its holdings in NACCO Industries by 365.4% in the third quarter. Barclays PLC now owns 7,004 shares of the company's stock worth $199,000 after purchasing an additional 5,499 shares during the period. State Street Corp increased its position in NACCO Industries by 1.0% in the 3rd quarter. State Street Corp now owns 78,276 shares of the company's stock valued at $2,219,000 after buying an additional 763 shares in the last quarter. Empowered Funds LLC raised its stake in NACCO Industries by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 34,728 shares of the company's stock worth $985,000 after buying an additional 1,742 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in NACCO Industries by 77.8% in the third quarter. JPMorgan Chase & Co. now owns 8,263 shares of the company's stock worth $234,000 after acquiring an additional 3,615 shares in the last quarter. Institutional investors own 49.10% of the company's stock.
NACCO Industries Company Profile
(
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NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.
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