North Atlantic Smaller Cos (LON:NAS) Sets New 52-Week High – Time to Buy?

North Atlantic Smaller Cos (LON:NASGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 433 and last traded at GBX 433, with a volume of 14164 shares traded. The stock had previously closed at GBX 427.

North Atlantic Smaller Cos Stock Performance

The stock has a market capitalization of £543.91 million, a P/E ratio of 19.43 and a beta of 0.95. The business has a fifty day simple moving average of GBX 409.56 and a 200-day simple moving average of GBX 374.71.

North Atlantic Smaller Cos (LON:NASGet Free Report) last released its quarterly earnings data on Wednesday, July 15th. The investment trust reported GBX 6.46 earnings per share (EPS) for the quarter. North Atlantic Smaller Cos had a net margin of 73.06% and a return on equity of 3.99%.

Insider Buying and Selling at North Atlantic Smaller Cos

In other North Atlantic Smaller Cos news, insider Julian Fagge purchased 6,744 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price of GBX 369 per share, with a total value of £24,885.36. 34.61% of the stock is owned by corporate insiders.

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.

Further Reading

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