NACCO Industries, Inc. (NYSE:NC - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $29.25 and traded as high as $33.78. NACCO Industries shares last traded at $32.26, with a volume of 17,053 shares traded.
The business's 50 day simple moving average is $27.74 and its 200 day simple moving average is $29.25. The stock has a market cap of $237.11 million, a price-to-earnings ratio of -13.91 and a beta of 0.95. The company has a quick ratio of 2.39, a current ratio of 3.76 and a debt-to-equity ratio of 0.17.
The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.2275 per share. This represents a $0.91 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date was Tuesday, September 3rd. NACCO Industries's payout ratio is currently -39.22%.
A number of large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its stake in NACCO Industries by 73.5% in the 1st quarter. BNP Paribas Financial Markets now owns 2,079 shares of the company's stock valued at $63,000 after buying an additional 881 shares during the last quarter. Empowered Funds LLC grew its position in shares of NACCO Industries by 8.0% in the first quarter. Empowered Funds LLC now owns 30,646 shares of the company's stock valued at $926,000 after purchasing an additional 2,275 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of NACCO Industries by 0.7% during the first quarter. Vanguard Group Inc. now owns 210,072 shares of the company's stock worth $6,344,000 after purchasing an additional 1,561 shares during the period. Institutional investors own 49.10% of the company's stock.
NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.
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