North Atlantic Smaller Cos (LON:NAS) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

North Atlantic Smaller Cos (LON:NAS) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 3,678.49 ($46.61) and traded as high as GBX 3,760 ($47.64). North Atlantic Smaller Cos shares last traded at GBX 3,740 ($47.39), with a volume of 3,523 shares changing hands.

North Atlantic Smaller Cos Trading Down 1.5 %

The stock has a 50-day simple moving average of GBX 3,678.49 and a 200-day simple moving average of GBX 3,842.50. The company has a market capitalization of £489.64 million, a price-to-earnings ratio of 5.57 and a beta of 0.77.

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.