North Atlantic Smaller Cos (LON:NAS) Stock Crosses Below 200 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 traded.

North Atlantic Smaller Cos Stock Performance

The firm has a market cap of £487.38 million, a PE ratio of 22,937.50 and a beta of 0.77. The firm’s 50 day moving average price is GBX 3,758.84 and its two-hundred day moving average price is GBX 3,915.93.

Insiders Place Their Bets

In other North Atlantic Smaller Cos news, insider Peregrine D. E. M. Moncreiffe purchased 400 shares of the firm’s stock in a transaction on Thursday, October 24th. The stock was bought at an average cost of GBX 3,842 ($46.75) per share, with a total value of £15,368 ($18,698.14). 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.