North American Income Trust (LON:NAIT) Reaches New 12-Month High – Here’s Why

North American Income Trust (LON:NAIT) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 437 and last traded at GBX 434, with a volume of 127899 shares. The stock had previously closed at GBX 430.

North American Income Trust Stock Performance

The company has a market capitalization of £493.31 million, a P/E ratio of 14.66 and a beta of 0.89. The firm has a 50 day moving average price of GBX 413.03 and a two-hundred day moving average price of GBX 396.12.

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

Insider Activity at North American Income Trust

In other news, insider John Adebiyi bought 437 shares of the stock in a transaction dated Friday, May 29th. The shares were acquired at an average price of GBX 407 per share, with a total value of £1,778.59. Corporate insiders own 1.01% of the company’s stock.

North American Income Trust Company Profile

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