NACCO Industries, Inc. (NYSE:NC - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.24 and traded as low as $28.12. NACCO Industries shares last traded at $28.31, with a volume of 29,251 shares changing hands.
NACCO Industries Stock Down 1.9 %
The stock has a market capitalization of $206.58 million, a PE ratio of -12.20 and a beta of 0.96. The company has a current ratio of 3.76, a quick ratio of 2.39 and a debt-to-equity ratio of 0.17. The company's 50-day moving average is $30.28 and its 200 day moving average is $29.24.
NACCO Industries Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $0.2275 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.91 dividend on an annualized basis and a yield of 3.21%. NACCO Industries's dividend payout ratio (DPR) is -39.22%.
Hedge Funds Weigh In On NACCO Industries
Several hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp raised its position in NACCO Industries by 1.0% during the third quarter. State Street Corp now owns 78,276 shares of the company's stock valued at $2,219,000 after acquiring an additional 763 shares in the last quarter. Empowered Funds LLC increased its holdings in NACCO Industries by 5.3% in the third quarter. Empowered Funds LLC now owns 34,728 shares of the company's stock valued at $985,000 after buying an additional 1,742 shares in the last quarter. Finally, Barclays PLC raised its position in shares of 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 acquiring an additional 5,499 shares during the period. Institutional investors and hedge funds own 49.10% of the company's stock.
NACCO Industries Company Profile
(
Get Free Report)
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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