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

North Atlantic Smaller Cos (LON:NAS) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,915.93 ($47.64) and traded as low as GBX 3,661.20 ($44.55). North Atlantic Smaller Cos shares last traded at GBX 3,670 ($44.65), with a volume of 18,128 shares.

North Atlantic Smaller Cos Price Performance

The company has a market cap of £487.38 million, a price-to-earnings ratio of 22,937.50 and a beta of 0.77. The company’s 50-day simple moving average is GBX 3,758.84 and its 200-day simple moving average is GBX 3,915.93.

Insider Activity

In other North Atlantic Smaller Cos news, insider Peregrine D. E. M. Moncreiffe bought 400 shares of the company’s stock in a transaction dated Thursday, October 24th. The shares were acquired at an average cost of GBX 3,842 ($46.75) per share, with a total value of £15,368 ($18,698.14). Insiders own 40.37% of the company’s stock.

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.