North American Income Trust (LON:NAIT) Sets New 12-Month High – Still a Buy?

Shares of North American Income Trust (LON:NAIT) reached a new 52-week high on Monday . The company traded as high as GBX 428 and last traded at GBX 428, with a volume of 91195 shares changing hands. The stock had previously closed at GBX 426.

North American Income Trust Price Performance

The firm has a 50-day simple moving average of GBX 405.93 and a 200-day simple moving average of GBX 390.46. The firm has a market capitalization of £490.96 million, a PE ratio of 14.59 and a beta of 0.88.

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

Insider Buying and Selling

In other North American Income Trust news, insider John Adebiyi purchased 437 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were acquired at an average cost of GBX 407 per share, for a total transaction of £1,778.59. Corporate insiders own 1.01% of the company’s stock.

About North American Income Trust

Leading US companies picked for their higher income potential