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

Key Points

• North American Income Trust shares reached a new 52-week high of GBX 356.96, trading recently at GBX 352.50 with a volume of over 186,000 shares.
• The company's latest quarterly earnings showed earnings per share of GBX 5.97 and significant financial metrics including a net margin of 88.41%.
• With a market capitalization of £409.01 million and a P/E ratio of 509.39, the stock reflects investor interest despite high valuation metrics.

Shares of North American Income Trust (LON:NAIT - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 356.96 ($4.79) and last traded at GBX 352.50 ($4.73), with a volume of 186677 shares changing hands. The stock had previously closed at GBX 351.50 ($4.71).

North American Income Trust Stock Up 0.3%

The business has a 50-day simple moving average of GBX 343.44 and a two-hundred day simple moving average of GBX 326.32. The stock has a market capitalization of £409.01 million, a P/E ratio of 509.39 and a beta of 0.66. The company has a quick ratio of 7.40, a current ratio of 12.03 and a debt-to-equity ratio of 8.54.

North American Income Trust (LON:NAIT - Get Free Report) last issued its quarterly earnings data on Wednesday, September 24th. The company reported GBX 5.97 earnings per share for the quarter. North American Income Trust had a net margin of 88.41% and a return on equity of 12.23%.

About North American Income Trust

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