NACCO Industries, Inc. (NYSE:NC - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $29.10 and traded as high as $30.20. NACCO Industries shares last traded at $29.45, with a volume of 11,276 shares changing hands.
NACCO Industries Price Performance
The business's 50-day simple moving average is $27.29 and its two-hundred day simple moving average is $29.10. The company has a quick ratio of 1.80, a current ratio of 2.82 and a debt-to-equity ratio of 0.08. The stock has a market cap of $235.05 million, a P/E ratio of -5.70 and a beta of 0.96.
NACCO Industries (NYSE:NC - Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.81 earnings per share for the quarter. NACCO Industries had a negative net margin of 17.83% and a positive return on equity of 3.75%. The business had revenue of $52.35 million during the quarter.
NACCO Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd were given a $0.2275 dividend. This represents a $0.91 annualized dividend and a dividend yield of 2.88%. The ex-dividend date was Tuesday, September 3rd. NACCO Industries's dividend payout ratio (DPR) is presently -16.73%.
Institutional Investors Weigh In On NACCO Industries
Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets increased its holdings in shares of NACCO Industries by 73.5% in the first quarter. BNP Paribas Financial Markets now owns 2,079 shares of the company's stock worth $63,000 after purchasing an additional 881 shares during the period. Empowered Funds LLC raised its holdings in shares of NACCO Industries by 8.0% in the 1st quarter. Empowered Funds LLC now owns 30,646 shares of the company's stock valued at $926,000 after acquiring an additional 2,275 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of NACCO Industries by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 210,072 shares of the company's stock valued at $6,344,000 after acquiring an additional 1,561 shares during the last quarter. 49.10% of the stock is currently owned by institutional investors.
NACCO Industries Company Profile
(
Get Free Report)
NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.
Further Reading
Before you consider NACCO Industries, 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 NACCO Industries wasn't on the list.
While NACCO Industries currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
