North American Income Trust (LON:NAIT) Sets New 52-Week High – Here’s Why

North American Income Trust (LON:NAIT) hit a new 52-week high on Thursday . The company traded as high as GBX 371 and last traded at GBX 363, with a volume of 39411 shares traded. The stock had previously closed at GBX 368.50.

North American Income Trust Price Performance

The company has a debt-to-equity ratio of 8.54, a quick ratio of 7.40 and a current ratio of 12.03. The firm has a market capitalization of £416.60 million, a price-to-earnings ratio of 12.04 and a beta of 0.66. The company has a 50-day moving average of GBX 360.96 and a 200-day moving average of GBX 347.45.

North American Income Trust (LON:NAIT) last released its quarterly earnings results on Wednesday, September 24th. The company reported GBX 5.97 earnings per share for the quarter. North American Income Trust had a net margin of 88.41% and a return on equity of 12.23%.

Insiders Place Their Bets

In other news, insider John Adebiyi purchased 10,755 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were purchased at an average price of GBX 370 per share, with a total value of £39,793.50. Insiders own 0.98% of the company’s stock.

North American Income Trust Company Profile

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