North American Income Trust (LON:NAIT - Get Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 332.82 ($4.19) and traded as low as GBX 326 ($4.10). North American Income Trust shares last traded at GBX 326 ($4.10), with a volume of 70,086 shares changing hands.
North American Income Trust Stock Performance
The stock has a market capitalization of £422.63 million, a P/E ratio of -4,657.14 and a beta of 0.66. The company's fifty day simple moving average is GBX 332.74 and its two-hundred day simple moving average is GBX 313.62. The company has a debt-to-equity ratio of 8.98, a quick ratio of 7.40 and a current ratio of 14.91.
North American Income Trust Announces Dividend
The company also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be issued a dividend of GBX 2.70 ($0.03) per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a yield of 0.81%. North American Income Trust's payout ratio is currently -17,142.86%.
Insider Activity at North American Income Trust
In related news, insider Charles Park acquired 15,000 shares of the stock in a transaction on Thursday, October 10th. The shares were purchased at an average price of GBX 321 ($4.04) per share, for a total transaction of £48,150 ($60,588.90). Also, insider Patrick Edwardson sold 10,000 shares of the company's stock in a transaction on Monday, October 7th. The shares were sold at an average price of GBX 317 ($3.99), for a total value of £31,700 ($39,889.27). 8.11% of the stock is currently owned by corporate insiders.
North American Income Trust Company Profile
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