North Atlantic Smaller Cos (LON:NAS) Hits New 52-Week High – Still a Buy?

North Atlantic Smaller Cos (LON:NASGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 434 and last traded at GBX 430, with a volume of 23639 shares trading hands. The stock had previously closed at GBX 432.

North Atlantic Smaller Cos Price Performance

The firm has a 50-day simple moving average of GBX 418.96 and a two-hundred day simple moving average of GBX 381.20. The company has a market cap of £531.60 million, a PE ratio of 18.99 and a beta of 0.97.

North Atlantic Smaller Cos (LON:NASGet Free Report) last released its quarterly earnings results on Wednesday, July 15th. The investment trust reported GBX 6.46 earnings per share for the quarter. North Atlantic Smaller Cos had a return on equity of 3.99% and a net margin of 73.06%.

North Atlantic Smaller Cos Company Profile

(Get Free Report)

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.

Further Reading

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