North Atlantic Smaller Cos (LON:NAS) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

North Atlantic Smaller Cos (LON:NAS) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,939.56 ($49.29) and traded as low as GBX 3,610 ($45.17). North Atlantic Smaller Cos shares last traded at GBX 3,670 ($45.92), with a volume of 1,450 shares trading hands.

North Atlantic Smaller Cos Stock Up 1.3 %

The firm has a market capitalization of £493.75 million, a PE ratio of 23,237.50 and a beta of 0.77. The business’s fifty day moving average price is GBX 3,794.77 and its 200 day moving average price is GBX 3,939.56.

Insider Activity at North Atlantic Smaller Cos

In other news, insider Peregrine D. E. M. Moncreiffe acquired 400 shares of the business’s stock in a transaction on Thursday, October 24th. The stock was bought at an average price of GBX 3,842 ($48.07) per share, for a total transaction of £15,368 ($19,229.23). 40.37% of the stock is currently owned by insiders.

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.