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

North Atlantic Smaller Cos (LON:NAS - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,939.56 ($48.76) and traded as low as GBX 3,610 ($44.68). North Atlantic Smaller Cos shares last traded at GBX 3,670 ($45.43), with a volume of 1,450 shares traded.

North Atlantic Smaller Cos Price Performance

The firm has a market capitalization of £491.32 million, a PE ratio of 23,123.15 and a beta of 0.77. The business has a 50-day simple moving average of GBX 3,792.07 and a 200-day simple moving average of GBX 3,937.11.

Insider Activity at North Atlantic Smaller Cos

In other news, insider Peregrine D. E. M. Moncreiffe acquired 400 shares of the firm's stock in a transaction on Thursday, October 24th. The stock was acquired at an average price of GBX 3,842 ($47.56) per share, with a total value of £15,368 ($19,022.16). 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.