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

Shares of North American Income Trust (LON:NAITGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 452 and last traded at GBX 452, with a volume of 8898 shares trading hands. The stock had previously closed at GBX 448.

North American Income Trust Stock Performance

The stock has a market cap of £510.94 million, a price-to-earnings ratio of 15.18 and a beta of 0.89. The company has a 50-day simple moving average of GBX 427.53 and a two-hundred day simple moving average of GBX 406.96.

Insiders Place Their Bets

In other news, insider John Adebiyi bought 437 shares of the stock in a transaction that occurred 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. Insiders own 1.01% of the company’s stock.

About North American Income Trust

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