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

North Atlantic Smaller Cos (LON:NAS - Get Free Report) shares 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 changing hands.

North Atlantic Smaller Cos Stock Performance

The business's 50 day moving average price is GBX 3,778.64 and its 200-day moving average price is GBX 3,925.98. The firm has a market capitalization of £480.74 million, a PE ratio of 22,625.00 and a beta of 0.77.

Insider Activity

In other news, insider Peregrine D. E. M. Moncreiffe bought 400 shares of North Atlantic Smaller Cos 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). Insiders own 40.37% of the company's stock.

North Atlantic Smaller Cos Company Profile

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.