North American Income Trust (LON:NAIT) Hits New 1-Year High – Here’s What Happened

Shares of North American Income Trust (LON:NAIT) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 437.28 and last traded at GBX 437.28, with a volume of 54324 shares changing hands. The stock had previously closed at GBX 432.

North American Income Trust Trading Up 1.2%

The stock has a market cap of £501.61 million, a price-to-earnings ratio of 14.90 and a beta of 0.88. The stock’s 50 day moving average is GBX 410.09 and its two-hundred day moving average is GBX 393.26.

North American Income Trust (LON:NAIT) last posted its quarterly earnings data on Friday, April 24th. The company reported GBX 12.89 EPS for the quarter. North American Income Trust had a net margin of 90.75% and a return on equity of 7.76%. The company had revenue of GBX 2,001 million for the quarter.

Insider Buying and Selling

In related news, insider John Adebiyi acquired 437 shares of North American Income Trust stock in a transaction on Friday, May 29th. The stock was purchased at an average cost of GBX 407 per share, with a total value of £1,778.59. 1.01% of the stock is currently owned by corporate insiders.

About North American Income Trust

Leading US companies picked for their higher income potential