North American Income Trust (LON:NAIT - Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 329.80 ($4.35) and traded as low as GBX 280.50 ($3.70). North American Income Trust shares last traded at GBX 290.50 ($3.83), with a volume of 413,551 shares changing hands.
North American Income Trust Trading Up 0.1 %
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 company has a market capitalization of £373.20 million, a P/E ratio of 7.48 and a beta of 0.66. The firm's 50-day moving average price is GBX 327.25 and its 200 day moving average price is GBX 329.98.
North American Income Trust Increases Dividend
The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a GBX 6.90 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from North American Income Trust's previous dividend of $2.70. This represents a dividend yield of 2.56%. North American Income Trust's dividend payout ratio is 29.54%.
Insider Buying and Selling
In other North American Income Trust news, insider Charles Park acquired 95,000 shares of North American Income Trust stock in a transaction on Thursday, January 30th. The stock was purchased at an average price of GBX 344 ($4.54) per share, for a total transaction of £326,800 ($430,907.17). 8.11% of the stock is currently owned by corporate insiders.
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