North Atlantic Smaller Cos (LON:NAS) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

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 changing hands.

North Atlantic Smaller Cos Stock Down 3.2 %

The firm’s 50 day moving average is GBX 3,758.84 and its two-hundred day moving average is GBX 3,915.76. The stock has a market cap of £487.38 million, a price-to-earnings ratio of 22,937.50 and a beta of 0.77.

Insider Buying and Selling at North Atlantic Smaller Cos

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