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

Shares of North Atlantic Smaller Cos (LON:NAS) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,939.56 ($48.76) and traded as low as GBX 3,610 ($44.68). North Atlantic Smaller Cos shares last traded at GBX 3,670 ($45.43), with a volume of 1,450 shares changing hands.

North Atlantic Smaller Cos Price Performance

The firm has a market capitalization of £488.66 million, a price-to-earnings ratio of 22,998.16 and a beta of 0.77. The firm’s 50-day moving average price is GBX 3,792.07 and its 200 day moving average price is GBX 3,937.11.

Insider Transactions at North Atlantic Smaller Cos

In other news, insider Peregrine D. E. M. Moncreiffe purchased 400 shares of the stock in a transaction dated Thursday, October 24th. The stock was acquired at an average cost of GBX 3,842 ($47.56) per share, for a total transaction of £15,368 ($19,022.16). Insiders own 40.37% of the company’s stock.

About North Atlantic Smaller Cos

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.