Shares of North American Income Trust (LON:NAIT - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 332.78 ($4.16) and traded as high as GBX 334 ($4.17). North American Income Trust shares last traded at GBX 332 ($4.15), with a volume of 294,483 shares trading hands.
North American Income Trust Stock Down 3.0 %
The stock's fifty day simple moving average is GBX 332.80 and its two-hundred day simple moving average is GBX 312.47. The company has a debt-to-equity ratio of 8.98, a current ratio of 14.91 and a quick ratio of 7.40. The company has a market capitalization of £417.44 million, a price-to-earnings ratio of -4,600.00 and a beta of 0.66.
North American Income Trust Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be paid a dividend of GBX 2.70 ($0.03) per share. The ex-dividend date is Thursday, January 2nd. This represents a yield of 0.81%. North American Income Trust's dividend payout ratio (DPR) is -17,142.86%.
Insider Buying and Selling at North American Income Trust
In other news, insider Charles Park acquired 15,000 shares of the company's stock in a transaction that occurred on Thursday, October 10th. The shares were acquired at an average price of GBX 321 ($4.01) per share, with a total value of £48,150 ($60,179.98). Also, insider Patrick Edwardson sold 10,000 shares of the business's stock in a transaction dated Monday, October 7th. The shares were sold at an average price of GBX 317 ($3.96), for a total transaction of £31,700 ($39,620.05). 8.11% of the stock is currently owned by insiders.
About North American Income Trust
(
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The North American Income Trust plc is an exchange traded fund launched and managed by Aberdeen Fund Managers Limited. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies, within the market capitalization range of S&P 500 Index.
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