North Atlantic Smaller Cos (LON:NAS) Share Price Passes Below 200 Day Moving Average – Here’s Why

North Atlantic Smaller Cos (LON:NAS)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,957.04 ($49.61) and traded as low as GBX 3,640 ($45.63). North Atlantic Smaller Cos shares last traded at GBX 3,770 ($47.26), with a volume of 2,321 shares trading hands.

North Atlantic Smaller Cos Price Performance

The firm has a market capitalization of £500.66 million, a price-to-earnings ratio of 23,562.50 and a beta of 0.77. The business has a fifty day moving average price of GBX 3,816.37 and a two-hundred day moving average price of GBX 3,957.04.

Insider Activity at North Atlantic Smaller Cos

In other North Atlantic Smaller Cos news, insider Peregrine D. E. M. Moncreiffe purchased 400 shares of North Atlantic Smaller Cos stock in a transaction on Thursday, October 24th. The stock was bought at an average cost of GBX 3,842 ($48.16) per share, with a total value of £15,368 ($19,265.39). 40.37% of the stock is owned by insiders.

North Atlantic Smaller Cos Company Profile

NASCIT is a special situations investment trust dedicated to a long-term capital appreciation objective, to achieve positive absolute returns for shareholders with low correlation to the overall market.

North Atlantic Smaller Companies Investment Trust PLC (‘NASCIT’) targets capital appreciation for its shareholders through investing primarily in smaller cap public and unquoted companies.