North Atlantic Smaller Cos (LON:NAS) Stock Crosses Below 200 Day Moving Average – What’s Next?

by · The Cerbat Gem

North Atlantic Smaller Cos (LON:NAS – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,957.04 ($49.63) and traded as low as GBX 3,640 ($45.65). North Atlantic Smaller Cos shares last traded at GBX 3,770 ($47.28), with a volume of 2,321 shares traded.

North Atlantic Smaller Cos Price Performance

The company has a fifty day moving average price of GBX 3,813.57 and a two-hundred day moving average price of GBX 3,953.44. The firm has a market cap of £500.66 million, a price-to-earnings ratio of 23,562.50 and a beta of 0.77.

Insider Activity

In related news, insider Peregrine D. E. M. Moncreiffe bought 400 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were acquired at an average cost of GBX 3,842 ($48.19) per share, for a total transaction of £15,368 ($19,275.05). Insiders own 40.37% of the company’s stock.

About North Atlantic Smaller Cos

(Get Free Report)

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.

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