North American Income Trust (LON:NAIT) Hits New 12-Month High at $312.00

North American Income Trust (LON:NAIT) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 312 ($4.18) and last traded at GBX 309 ($4.14), with a volume of 607580 shares changing hands. The stock had previously closed at GBX 309 ($4.14).

North American Income Trust Trading Up 0.7 %

The company has a market capitalization of £399.29 million, a price-to-earnings ratio of -4,400.00 and a beta of 0.66. The firm has a fifty day moving average price of GBX 304.04 and a 200-day moving average price of GBX 295.68. The company has a debt-to-equity ratio of 8.98, a quick ratio of 7.40 and a current ratio of 14.91.

Insider Buying and Selling at North American Income Trust

In other North American Income Trust news, insider Patrick Edwardson acquired 16,245 shares of North American Income Trust stock in a transaction that occurred on Monday, July 15th. The shares were acquired at an average cost of GBX 297 ($3.98) per share, with a total value of £48,247.65 ($64,605.85). In the last quarter, insiders have acquired 200,000 shares of company stock valued at $59,700,000. 8.11% of the stock is currently owned by corporate insiders.

About North American Income Trust

The North American Income Trust plc is an exchange traded fund launched and managed by Aberdeen Fund Managers Limited. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies, within the market capitalization range of S&P 500 Index.