North American Income Trust (LON:NAIT) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

North American Income Trust (LON:NAITGet Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 334.07 ($4.09) and traded as high as GBX 342 ($4.18). North American Income Trust shares last traded at GBX 342 ($4.18), with a volume of 491,297 shares changing hands.

North American Income Trust Stock Performance

The company has a current ratio of 14.91, a quick ratio of 7.40 and a debt-to-equity ratio of 8.98. The stock has a market cap of £442.67 million, a PE ratio of -4,878.00 and a beta of 0.66. The business’s 50-day moving average price is GBX 334.07 and its 200-day moving average price is GBX 317.25.

North American Income Trust Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be issued a GBX 2.70 ($0.03) dividend. This represents a yield of 0.81%. The ex-dividend date is Thursday, January 2nd. North American Income Trust’s dividend payout ratio is currently -17,142.86%.

About North American Income Trust

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