North Atlantic Smaller Cos (LON:NAS) Announces Quarterly Earnings Results

North Atlantic Smaller Cos (LON:NAS) issued its quarterly earnings data on Wednesday. The investment trust reported GBX 6.46 EPS for the quarter, Digital Look Earnings reports. North Atlantic Smaller Cos had a return on equity of 3.99% and a net margin of 73.06%.

North Atlantic Smaller Cos Stock Performance

North Atlantic Smaller Cos stock traded up GBX 6 during trading on Wednesday, reaching GBX 426. The company had a trading volume of 49,413 shares, compared to its average volume of 452,349. The firm’s 50-day simple moving average is GBX 392.52 and its 200 day simple moving average is GBX 367.10. North Atlantic Smaller Cos has a 1-year low of GBX 242 and a 1-year high of GBX 433. The firm has a market capitalization of £540.49 million, a PE ratio of 19.12 and a beta of 0.95.

Insiders Place Their Bets

In related news, insider Julian Fagge bought 6,744 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of GBX 369 per share, for a total transaction of £24,885.36. Also, insider Peregrine D. E. M. Moncreiffe bought 1,363 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were bought at an average cost of GBX 367 per share, with a total value of £5,002.21. Insiders have acquired 13,536 shares of company stock valued at $4,985,253 over the last 90 days. 34.26% of the stock is currently owned by company 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. NASCIT has been run by Christopher Mills since 1982, using a bottom-up approach when determining investment strategy.