North Atlantic Smaller Cos (LON:NAS) Share Price Passes Below 200-Day Moving Average – Time to Sell?

North Atlantic Smaller Cos (LON:NAS)’s share price crossed 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.

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 business’s 50 day moving average price is GBX 3,792.07 and its 200-day moving average price is GBX 3,937.11.

Insiders Place Their Bets

In related news, insider Peregrine D. E. M. Moncreiffe acquired 400 shares of North Atlantic Smaller Cos stock in a transaction that occurred on Thursday, October 24th. The stock was purchased at an average price of GBX 3,842 ($47.56) per share, for a total transaction of £15,368 ($19,022.16). 40.37% of the stock is currently owned by 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.