North Atlantic Smaller Cos (LON:NAS – Get Free Report) posted its quarterly earnings results on Wednesday. The investment trust reported GBX 6.46 earnings per share for the quarter, Digital Look Earnings reports. North Atlantic Smaller Cos had a net margin of 73.06% and a return on equity of 3.99%.
North Atlantic Smaller Cos Price Performance
LON NAS traded up GBX 6 during trading hours on Wednesday, hitting GBX 426. 49,413 shares of the company’s stock traded hands, compared to its average volume of 452,349. The company has a market capitalization of £540.49 million, a PE ratio of 19.12 and a beta of 0.95. North Atlantic Smaller Cos has a 52-week low of GBX 242 and a 52-week high of GBX 433. The firm’s 50-day moving average is GBX 392.52 and its 200-day moving average is GBX 367.10.
Insider Buying and Selling
In related news, insider Julian Fagge purchased 6,744 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of GBX 369 per share, with a total value of £24,885.36. Also, insider Peregrine D. E. M. Moncreiffe purchased 1,363 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average cost of GBX 367 per share, with a total value of £5,002.21. Insiders acquired a total of 13,536 shares of company stock worth $4,985,253 over the last three months. Corporate insiders own 34.26% 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. NASCIT has been run by Christopher Mills since 1982, using a bottom-up approach when determining investment strategy.
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