News stories about NACCO Industries (NYSE:NC) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NACCO Industries earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.1290492277778 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, TheStreet lowered shares of NACCO Industries from a “b” rating to a “c” rating in a research report on Thursday, May 24th.
NYSE:NC traded down $1.00 during mid-day trading on Wednesday, reaching $33.65. 17,200 shares of the company’s stock were exchanged, compared to its average volume of 22,124. NACCO Industries has a one year low of $15.89 and a one year high of $48.85. The firm has a market cap of $244.05 million, a price-to-earnings ratio of 10.52 and a beta of 0.57. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.68 and a current ratio of 3.32.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 14th. Investors of record on Friday, August 31st will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Thursday, August 30th.
In related news, insider Martha S. Kelly sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 17th. The shares were sold at an average price of $34.63, for a total transaction of $34,630.00. Following the transaction, the insider now directly owns 7,550 shares of the company’s stock, valued at $261,456.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Frank F. Taplin sold 1,925 shares of the firm’s stock in a transaction dated Friday, August 3rd. The stock was sold at an average price of $35.67, for a total transaction of $68,664.75. The disclosure for this sale can be found here. 35.92% of the stock is currently owned by company insiders.
About NACCO Industries
NACCO Industries, Inc operates primarily in the mining industry. The company mines coal in North Dakota, Texas, Mississippi, Louisiana, and on the Navajo Nation in New Mexico for power generation. It provides value-added services, including maintaining and operating draglines for independently owned lime rock quarries; coal handling, processing, and drying services; and surface and mineral acquisition, and lease maintenance services.
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