North American Income Trust (LON:NAIT) Hits New 1-Year High – Should You Buy?

North American Income Trust (LON:NAIT) shares 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 traded. The stock had previously closed at GBX 409.

North American Income Trust Stock Performance

The company has a market capitalization of £478.34 million, a price-to-earnings ratio of 14.21 and a beta of 0.88. The firm has a fifty day moving average price of GBX 402.03 and a 200-day moving average price of GBX 388.48.

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

Insiders Place Their Bets

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

North American Income Trust Company Profile

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