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North American Income Trust (LON:NAIT) Trading Up 0.2% - Here's What Happened

North American Income Trust logo with Financial Services background

Key Points

  • North American Income Trust's share price increased by 0.2% during trading, reaching a last traded price of GBX 339.58 ($4.52).
  • The trust has a market capitalization of £416.98 million and reported earnings per share of GBX 12.44 ($0.17) in its latest quarterly results.
  • With a debt-to-equity ratio of 8.54 and a return on equity of 12.23%, the company demonstrates solid financial metrics.
  • Need Better Tools to Track North American Income Trust? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

North American Income Trust (LON:NAIT - Get Free Report)'s share price shot up 0.2% during trading on Tuesday . The stock traded as high as GBX 341.50 ($4.54) and last traded at GBX 339.58 ($4.52). 315,430 shares were traded during trading, an increase of 46% from the average session volume of 215,522 shares. The stock had previously closed at GBX 339 ($4.51).

North American Income Trust Stock Performance

The stock has a 50 day moving average price of GBX 328.70 and a two-hundred day moving average price of GBX 325.14. The company has a market capitalization of £416.98 million, a price-to-earnings ratio of 8.36 and a beta of 0.66. The company has a debt-to-equity ratio of 8.54, a current ratio of 12.03 and a quick ratio of 7.40.

North American Income Trust (LON:NAIT - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported GBX 12.44 ($0.17) earnings per share (EPS) for the quarter. North American Income Trust had a return on equity of 12.23% and a net margin of 88.41%.

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