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

Shares of North Atlantic Smaller Cos (LON:NAS) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,925.98 ($48.31) and traded as low as GBX 3,600 ($44.30). North Atlantic Smaller Cos shares last traded at GBX 3,639.71 ($44.79), with a volume of 13,586 shares.

North Atlantic Smaller Cos Stock Performance

The stock has a market cap of £482.72 million, a PE ratio of 22,718.26 and a beta of 0.77. The firm has a fifty day moving average price of GBX 3,778.64 and a 200 day moving average price of GBX 3,925.98.

Insider Activity at North Atlantic Smaller Cos

In related news, insider Peregrine D. E. M. Moncreiffe bought 400 shares of the company’s stock in a transaction on Thursday, October 24th. The shares were bought at an average price of GBX 3,842 ($47.27) per share, with a total value of £15,368 ($18,909.81). 40.37% of the stock is currently owned by corporate 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.