North Atlantic Smaller Cos (LON:NAS) Share Price Crosses Below 200-Day Moving Average - What's Next?

North Atlantic Smaller Cos (LON:NAS - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,957.04 ($49.61) and traded as low as GBX 3,640 ($45.63). North Atlantic Smaller Cos shares last traded at GBX 3,770 ($47.26), with a volume of 2,321 shares.

North Atlantic Smaller Cos Price Performance

The firm has a market capitalization of £500.66 million, a price-to-earnings ratio of 23,562.50 and a beta of 0.77. The stock has a fifty day moving average of GBX 3,814.57 and a two-hundred day moving average of GBX 3,954.86.

Insider Activity

In other news, insider Peregrine D. E. M. Moncreiffe acquired 400 shares of the firm's stock in a transaction dated Thursday, October 24th. The stock was bought at an average cost of GBX 3,842 ($48.16) per share, for a total transaction of £15,368 ($19,265.39). 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.