Shares of the company are trading at $41.20 which is well above the 50 day moving average of $26.17 and well above the 200 day moving average of $18.86. The 50 day moving average moved up $15.03 and the 200 day average moved up $22.34. Trading volume for NACCO Industries, Inc. was 31K in the last trading session. Volume was down 11.32% under the stocks average daily volume.
Traders are feeling more bullish on NACCO Industries, Inc. of late looking at the downtick in short interest. The firm realized a fall in short interest of -3.58% between September 15, 2017 and September 29, 2017. Short shares decreased from 114,260 to 110,166 over that period. The days to cover decreased to 3.0 and the percentage of shorted shares is 0.02% as of September 29.
A few notable investment firms have updated their holdings. James Investment Research Inc reduced its holdings by selling 814 shares a decrease of 6.3%. James Investment Research Inc claims 12,162 shares valued at $1,043,000. The total value of its holdings increased 13.5%. Acadian Asset Management LLC cut its stake by shedding 9,731 shares a decrease of 7.9% in the quarter. Acadian Asset Management LLC controls 113,063 shares worth $9,704,000. The value of the position overall is up by 11.5%.
As of the end of the quarter Meeder Asset Management Inc had bought a total of 1 shares growing its stake by 10.0%. The value of the investment in NC decreased from $1,000 to $1,000 a change of 0.0% for the reporting period. Bowling Portfolio Management LLC augmented its investment by buying 314 shares an increase of 1.9% as of 09/30/2017. Bowling Portfolio Management LLC now holds 16,761 shares with a value of $1,438,000. The total value of its holdings increased 23.4%.
The company is trading up by 2.87% percent from yesterday’s close. NACCO Industries, Inc. also recently announced a dividend for shareholders paid on Friday the 15th of September 2017. The dividend was $0.273 per share for the quarter which is $1.09 annualized. This dividend amount was represent a yield of $2.80. The ex-dividend date was set for Wednesday the 30th of August 2017.
NACCO Industries, Inc. currently has a P/E ratio of 7.94 and market cap is 281.64M.
NACCO Industries, Inc., launched on February 18, 1986, is a holding company. The Business’s principal businesses include mining, small appliances and specialty retail. The Company operates through three segments: NACoal, HBB and KC. The Business’s subsidiaries include The North American Coal Corporation (NACoal), Hamilton Beach Brands, Inc. (HBB) and Kitchen Collection, LLC (KC)..