North Atlantic Smaller Cos (LON:NAS) Sets New 1-Year High – Here’s Why

North Atlantic Smaller Cos (LON:NASGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 433 and last traded at GBX 433, with a volume of 33563 shares. The stock had previously closed at GBX 425.

North Atlantic Smaller Cos Stock Performance

The firm has a market cap of £541.55 million, a P/E ratio of 19.35 and a beta of 0.97. The firm has a 50 day simple moving average of GBX 416.36 and a 200 day simple moving average of GBX 379.28.

North Atlantic Smaller Cos (LON:NASGet Free Report) last announced 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%.

About North Atlantic Smaller Cos

(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.

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