North American Income Trust (LON:NAIT) Hits New 52-Week High – Still a Buy?

North American Income Trust (LON:NAIT)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 422 and last traded at GBX 417, with a volume of 89091 shares. The stock had previously closed at GBX 409.

North American Income Trust Price Performance

The stock has a market cap of £478.34 million, a price-to-earnings ratio of 14.21 and a beta of 0.88. The company’s 50-day moving average is GBX 404.37 and its 200-day moving average is GBX 389.64.

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

Insider Transactions at North American Income Trust

In other North American Income Trust news, insider John Adebiyi purchased 24,200 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The stock was purchased at an average price of GBX 411 per share, with a total value of £99,462. 1.01% of the stock is owned by company insiders.

North American Income Trust Company Profile

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