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

North Atlantic Smaller Cos (LON:NAS) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 trading hands.

North Atlantic Smaller Cos Trading Down 0.1 %

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

Insider Buying and Selling at North Atlantic Smaller Cos

In related news, insider Peregrine D. E. M. Moncreiffe purchased 400 shares of North Atlantic Smaller Cos stock in a transaction that occurred on Thursday, October 24th. The stock was bought at an average cost of GBX 3,842 ($47.27) per share, for a total transaction of £15,368 ($18,909.81). 40.37% of the stock is owned by corporate insiders.

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.