AMERCO (NASDAQ:UHALB) Reaches New 52-Week High – Should You Buy?

AMERCO (NASDAQ:UHALB) shares hit a new 52-week high during trading on Thursday . The company traded as high as $69.39 and last traded at $68.26, with a volume of 259578 shares traded. The stock had previously closed at $68.50.

AMERCO Price Performance

The business has a 50-day simple moving average of $68.08 and a 200 day simple moving average of $64.18. The firm has a market cap of $13.38 billion and a PE ratio of 24.73.

AMERCO (NASDAQ:UHALB) last released its quarterly earnings data on Wednesday, August 7th. The company reported $1.00 earnings per share for the quarter. The business had revenue of $1.55 billion during the quarter.

AMERCO Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date of this dividend was Monday, September 16th. AMERCO’s payout ratio is presently 7.22%.

AMERCO Company Profile

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.