North Atlantic Smaller Cos (LON:NAS) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

North Atlantic Smaller Cos (LON:NAS)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

North Atlantic Smaller Cos Trading Down 3.2 %

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

Insider Transactions at North Atlantic Smaller Cos

In other news, insider Peregrine D. E. M. Moncreiffe purchased 400 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were acquired at an average cost of GBX 3,842 ($46.75) per share, with a total value of £15,368 ($18,698.14). Corporate insiders own 40.37% of the company’s stock.

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.