North Atlantic Smaller Cos (LON:NAS) Share Price Crosses Below Fifty Day Moving Average – Here’s Why

North Atlantic Smaller Cos (LON:NAS) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 375.14 ($5.04) and traded as low as GBX 364 ($4.89). North Atlantic Smaller Cos shares last traded at GBX 365 ($4.90), with a volume of 94,600 shares traded.

North Atlantic Smaller Cos Stock Down 1.9%

The company has a market cap of £479.15 million, a P/E ratio of -89.58 and a beta of 0.77. The business has a 50-day moving average price of GBX 375.14 and a two-hundred day moving average price of GBX 1,598.21.

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.