North Atlantic Smaller Cos (LON:NAS) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Shares of North Atlantic Smaller Cos (LON:NAS) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 3,644.58 ($49.20) and traded as high as GBX 3,910 ($52.79). North Atlantic Smaller Cos shares last traded at GBX 3,860 ($52.11), with a volume of 8,949 shares trading hands.

North Atlantic Smaller Cos Trading Up 0.1%

The firm’s 50 day simple moving average is GBX 3,644.58 and its 200-day simple moving average is GBX 3,666.31. The stock has a market capitalization of £510.93 million, a price-to-earnings ratio of 5.81 and a beta of 0.77.

North Atlantic Smaller Cos (LON:NAS) last issued its quarterly earnings results on Wednesday, May 7th. The investment trust reported GBX 112.91 ($1.52) earnings per share (EPS) for the quarter. North Atlantic Smaller Cos had a net margin of 91.37% and a return on equity of 12.49%.

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.