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
(
Get Free Report)
Leading US companies picked for their higher income potential
Further Reading
Before you consider North American Income Trust, 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 North American Income Trust wasn't on the list.
While North American Income Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.