NACCO Industries, Inc. (NYSE:NC - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $29.58 and traded as high as $32.79. NACCO Industries shares last traded at $31.56, with a volume of 5,537 shares trading hands.
NACCO Industries Stock Up 2.6 %
The stock has a 50-day simple moving average of $31.29 and a two-hundred day simple moving average of $29.68. 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 firm has a market cap of $240.33 million, a PE ratio of -14.20 and a beta of 0.94.
NACCO Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.2275 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.91 annualized dividend and a dividend yield of 2.76%. NACCO Industries's dividend payout ratio is currently -39.22%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of NC. Trexquant Investment LP purchased a new position in shares of NACCO Industries in the fourth quarter worth about $282,000. JPMorgan Chase & Co. increased its holdings in shares of NACCO Industries by 97.6% in the fourth quarter. JPMorgan Chase & Co. now owns 16,325 shares of the company's stock worth $487,000 after buying an additional 8,062 shares during the period. Barclays PLC increased its holdings 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 buying an additional 5,499 shares during the period. Empowered Funds LLC grew its stake in shares of NACCO Industries by 5.3% in the third quarter. Empowered Funds LLC now owns 34,728 shares of the company's stock worth $985,000 after purchasing an additional 1,742 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in NACCO Industries by 21.7% during the 4th quarter. Bank of America Corp DE now owns 6,504 shares of the company's stock valued at $194,000 after purchasing an additional 1,158 shares during the period. Hedge funds and other institutional investors own 49.10% of the company's stock.
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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