North Atlantic Smaller Cos (LON:NAS) Releases Quarterly Earnings Results

North Atlantic Smaller Cos (LON:NAS) posted its quarterly earnings data on Monday. The investment trust reported GBX 41.82 EPS for the quarter, Digital Look Earnings reports. North Atlantic Smaller Cos had a return on equity of 3.99% and a net margin of 73.06%.

North Atlantic Smaller Cos Stock Up 1.4%

Shares of North Atlantic Smaller Cos stock traded up GBX 6 during trading hours on Wednesday, reaching GBX 424. 104,384 shares of the stock traded hands, compared to its average volume of 357,537. North Atlantic Smaller Cos has a one year low of GBX 242 and a one year high of GBX 434. The firm has a market capitalization of £530 million, a price-to-earnings ratio of 19.03 and a beta of 0.96. The company has a 50 day moving average price of GBX 418.88 and a 200 day moving average price of GBX 387.38.

Insider Buying and Selling at North Atlantic Smaller Cos

In other North Atlantic Smaller Cos news, insider Peregrine D. E. M. Moncreiffe acquired 2,444 shares of the company’s stock in a transaction that occurred on Monday, September 21st. The shares were bought at an average price of GBX 409 per share, with a total value of £9,995.96. In the last quarter, insiders have purchased 7,280 shares of company stock valued at $2,991,962. 34.61% 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. NASCIT has been run by Christopher Mills since 1982, using a bottom-up approach when determining investment strategy.