North Atlantic Smaller Cos (LON:NAS) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of North Atlantic Smaller Cos (LON:NAS) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,915.93 ($47.64) and traded as low as GBX 3,661.20 ($44.55). North Atlantic Smaller Cos shares last traded at GBX 3,670 ($44.65), with a volume of 18,128 shares trading hands.

North Atlantic Smaller Cos Stock Down 3.2 %

The firm has a 50 day moving average price of GBX 3,758.84 and a 200-day moving average price of GBX 3,915.76. The stock has a market capitalization of £487.38 million, a PE ratio of 22,937.50 and a beta of 0.77.

Insider Activity at North Atlantic Smaller Cos

In related news, insider Peregrine D. E. M. Moncreiffe acquired 400 shares of North Atlantic Smaller Cos stock in a transaction dated Thursday, October 24th. The stock was acquired at an average price of GBX 3,842 ($46.75) per share, for a total transaction of £15,368 ($18,698.14). 40.37% of the stock is currently owned by corporate 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.