North Atlantic Smaller Cos (LON:NAS) Stock Crosses Below 200-Day Moving Average – Should You Sell?

North Atlantic Smaller Cos (LON:NAS) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,925.98 ($47.94) and traded as low as GBX 3,600 ($43.96). North Atlantic Smaller Cos shares last traded at GBX 3,639.71 ($44.44), with a volume of 13,586 shares trading hands.

North Atlantic Smaller Cos Stock Down 0.5 %

The stock has a market capitalization of £480.74 million, a PE ratio of 22,625.00 and a beta of 0.77. The stock has a fifty day moving average of GBX 3,774.44 and a 200-day moving average of GBX 3,923.52.

Insider Activity

In other North Atlantic Smaller Cos news, insider Peregrine D. E. M. Moncreiffe bought 400 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The shares were purchased at an average price of GBX 3,842 ($46.91) per share, with a total value of £15,368 ($18,764.35). Company insiders own 40.37% of the company’s stock.

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.