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North American Income Trust (LON:NAIT) Reaches New 1-Year High - Still a Buy?

North American Income Trust logo with Financial Services background

North American Income Trust (LON:NAIT - Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 352 ($4.46) and last traded at GBX 350 ($4.43), with a volume of 195394 shares trading hands. The stock had previously closed at GBX 349 ($4.42).

North American Income Trust Stock Down 0.9 %

The stock has a 50-day simple moving average of GBX 337.72 and a two-hundred day simple moving average of GBX 325.22. The company has a quick ratio of 7.40, a current ratio of 12.03 and a debt-to-equity ratio of 8.54. The firm has a market cap of £421.18 million, a PE ratio of 8.44 and a beta of 0.66.

North American Income Trust Announces Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd were given a dividend of GBX 2.70 ($0.03) per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a yield of 0.81%. North American Income Trust's payout ratio is 29.54%.

Insider Buying and Selling at North American Income Trust

In related news, insider Charles Park acquired 95,000 shares of the firm's stock in a transaction dated Thursday, January 30th. The shares were purchased at an average price of GBX 344 ($4.36) per share, for a total transaction of £326,800 ($414,090.22). Company insiders own 8.11% of the company's stock.

North American Income Trust Company Profile

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