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

North Atlantic Smaller Cos (LON:NAS) announced its earnings results 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 Trading Up 0.3%

Shares of NAS stock opened at GBX 421.06 on Thursday. North Atlantic Smaller Cos has a twelve month low of GBX 242 and a twelve month high of GBX 433. The company has a market capitalization of £534.22 million, a price-to-earnings ratio of 18.90 and a beta of 0.95. The firm has a 50-day moving average price of GBX 393.62 and a 200 day moving average price of GBX 367.52.

Insider Buying and Selling

In other North Atlantic Smaller Cos news, insider Peregrine D. E. M. Moncreiffe bought 1,363 shares of North Atlantic Smaller Cos stock in a transaction that occurred on Thursday, May 7th. The shares were purchased at an average cost of GBX 367 per share, for a total transaction of £5,002.21. Also, insider Julian Fagge bought 6,744 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of GBX 369 per share, for a total transaction of £24,885.36. In the last three months, insiders bought 13,536 shares of company stock valued at $4,985,253. Company insiders own 34.26% of the company’s stock.

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.