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

Shares of North Atlantic Smaller Cos (LON:NAS) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 361.40 and traded as high as GBX 362. North Atlantic Smaller Cos shares last traded at GBX 356, with a volume of 130,777 shares traded.

North Atlantic Smaller Cos Price Performance

The stock has a market cap of £470.16 million, a price-to-earnings ratio of -0.88 and a beta of 0.77. The business’s 50-day simple moving average is GBX 361.40 and its two-hundred day simple moving average is GBX 371.46.

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. NASCIT has been run by Christopher Mills since 1982, using a bottom-up approach when determining investment strategy.