Free Trial

NACCO Industries (NYSE:NC) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

NACCO Industries logo with Oils/Energy background

NACCO Industries, Inc. (NYSE:NC - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $29.25 and traded as high as $33.78. NACCO Industries shares last traded at $32.26, with a volume of 17,053 shares changing hands.

NACCO Industries Stock Performance

The firm has a fifty day simple moving average of $27.82 and a 200 day simple moving average of $29.27. 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 stock has a market cap of $230.46 million, a price-to-earnings ratio of -13.61 and a beta of 0.95.

NACCO Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Tuesday, September 3rd were given a $0.2275 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $0.91 annualized dividend and a yield of 2.88%. NACCO Industries's dividend payout ratio (DPR) is currently -39.22%.

Institutional Trading of NACCO Industries

Institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets grew its position in NACCO Industries by 73.5% in the first quarter. BNP Paribas Financial Markets now owns 2,079 shares of the company's stock valued at $63,000 after acquiring an additional 881 shares during the period. Vanguard Group Inc. grew its holdings in shares of NACCO Industries by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 210,072 shares of the company's stock worth $6,344,000 after purchasing an additional 1,561 shares during the last quarter. Finally, Empowered Funds LLC grew its holdings 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 worth $985,000 after purchasing an additional 1,742 shares during the last quarter. 49.10% of the stock is currently owned by institutional investors and hedge funds.

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.

See Also

Should you invest $1,000 in NACCO Industries right now?

Before you consider NACCO Industries, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NACCO Industries wasn't on the list.

While NACCO Industries currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines