NACCO Industries (NYSE:NC) Share Price Crosses Above Fifty Day Moving Average of $25.84

Shares of NACCO Industries, Inc. (NYSE:NC) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $25.84 and traded as high as $26.70. NACCO Industries shares last traded at $26.15, with a volume of 38,071 shares.

The business has a 50 day moving average of $25.84 and a two-hundred day moving average of $24.95. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.45 and a current ratio of 4.68. The firm has a market capitalization of $187.29 million, a price-to-earnings ratio of 10.34 and a beta of 1.02.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 15th. Investors of record on Tuesday, August 31st were paid a dividend of $0.198 per share. This represents a $0.79 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend was Monday, August 30th.

Several institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of NACCO Industries by 4.0% in the first quarter. JPMorgan Chase & Co. now owns 12,483 shares of the company’s stock worth $311,000 after purchasing an additional 483 shares during the last quarter. Morgan Stanley raised its stake in shares of NACCO Industries by 12.2% in the second quarter. Morgan Stanley now owns 5,077 shares of the company’s stock worth $133,000 after purchasing an additional 553 shares during the last quarter. UBS Group AG raised its stake in shares of NACCO Industries by 3.2% in the first quarter. UBS Group AG now owns 22,356 shares of the company’s stock worth $558,000 after purchasing an additional 686 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of NACCO Industries by 226.2% in the first quarter. BNP Paribas Arbitrage SA now owns 2,104 shares of the company’s stock valued at $52,000 after acquiring an additional 1,459 shares in the last quarter. Finally, Nuveen Asset Management LLC grew its holdings in shares of NACCO Industries by 17.3% in the first quarter. Nuveen Asset Management LLC now owns 12,027 shares of the company’s stock valued at $300,000 after acquiring an additional 1,770 shares in the last quarter. 33.24% of the stock is owned by hedge funds and other institutional investors.

About NACCO Industries (NYSE:NC)

NACCO Industries, Inc is a holding company, which engages in the management of surface mines that supply coal to power generation companies. It operates through the following segments: Coal Mining, North American Mining (NAMining), and Minerals Management. The Coal Mining segment includes surface coal mines under long-term contracts with power generation companies and activated carbon producers.

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