NACCO Industries, Inc. (NYSE:NC - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $29.37 and traded as high as $32.12. NACCO Industries shares last traded at $31.93, with a volume of 7,306 shares.
NACCO Industries Stock Up 0.1 %
The firm has a market capitalization of $234.64 million, a price-to-earnings ratio of -13.85 and a beta of 0.97. The company has a quick ratio of 2.39, a current ratio of 3.76 and a debt-to-equity ratio of 0.17. The company's 50 day moving average price is $30.78 and its 200 day moving average price is $29.37.
NACCO Industries (NYSE:NC - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $2.14 EPS for the quarter. The company had revenue of $61.66 million during the quarter. NACCO Industries had a positive return on equity of 8.87% and a negative net margin of 7.94%.
NACCO Industries Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.2275 per share. This represents a $0.91 annualized dividend and a yield of 2.83%. The ex-dividend date was Monday, December 2nd. NACCO Industries's payout ratio is -39.22%.
Institutional Investors Weigh In On NACCO Industries
Several hedge funds have recently added to or reduced their stakes in the business. Barclays PLC grew its stake in shares of NACCO Industries by 365.4% during the 3rd 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 boosted its stake in shares of NACCO Industries by 1.0% during the 3rd quarter. State Street Corp now owns 78,276 shares of the company's stock worth $2,219,000 after acquiring an additional 763 shares in the last quarter. Empowered Funds LLC increased its stake in shares of NACCO Industries by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 34,728 shares of the company's stock valued at $985,000 after purchasing an additional 1,742 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in NACCO Industries by 77.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,263 shares of the company's stock worth $234,000 after purchasing an additional 3,615 shares during the period. 49.10% of the stock is owned by hedge funds and other institutional investors.
About NACCO Industries
(
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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