News to Track: NACCO Industries (NYSE:NC)

NACCO Industries (NYSE:NC) spotted trading -53.06% off 52-week high price. On the other end, the stock has been noted 31.48% away from the low price over the last 52-weeks. The stock changed -3.28% to recent value of $23.6. The stock transacted 11067 shares during most recent day however it has an average volume of 14.96K shares. The company has 7.04M of outstanding shares and 3.41M shares were floated in the market.  

On Nov. 18, 2020, NACCO Industries (NYSE:NC) disclosed that the Board of Directors declared a regular cash dividend of 19.25 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid December 15, 2020 to stockholders of record at the close of business on November 30, 2020.

About NACCO Industries

NACCO Industries® is the public holding company for The North American Coal Corporation®. The Company and its affiliates operate in the mining and natural resources industries through three operating 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 and an activated carbon producer pursuant to a service-based business model. The North American Mining segment provides value-added contract mining and other services for producers of aggregates, lithium and other minerals. The Minerals Management segment promotes the development of the Company’s oil, gas and coal reserves, generating income primarily from royalty-based lease payments from third parties. In addition, the Company has launched a new business providing stream and wetland mitigation solutions.

 Its earnings per share (EPS) expected to touch remained 13.20% for this year. NC has a gross margin of 14.10% and an operating margin of 19.70% while its profit margin remained 20.10% for the last 12 months. 

 According to the most recent quarter its current ratio was 5.4 that represents company’s ability to meet its current financial obligations. The price moved ahead of 11.69% from the mean of 20 days, 16.99% from mean of 50 days SMA and performed -9.95% from mean of 200 days price. Company’s performance for the week was 6.45%, 13.84% for month and YTD performance remained -49.60%.

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