North Atlantic Smaller Cos (LON:NAS) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

North Atlantic Smaller Cos (LON:NAS)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 360.11 and traded as high as GBX 362. North Atlantic Smaller Cos shares last traded at GBX 359, with a volume of 117,415 shares trading hands.

North Atlantic Smaller Cos Stock Performance

The firm has a 50-day moving average of GBX 360.11 and a 200-day moving average of GBX 368.60. The firm has a market capitalization of £468.50 million, a P/E ratio of -0.88 and a beta of 0.77.

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.