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

North Atlantic Smaller Cos logo with Financial Services background

Key Points

  • North Atlantic Smaller Cos shares fell below their 50-day moving average of GBX 386.26, trading as low as GBX 369 during recent sessions.
  • The company's market capitalization stands at £494.44 million with a remarkably high PE ratio of 1,194.94.
  • NASCIT, the investment trust behind North Atlantic Smaller Cos, focuses on achieving long-term capital appreciation by investing in smaller-cap companies.
  • MarketBeat previews top five stocks to own in October.

North Atlantic Smaller Cos (LON:NAS - Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 386.26 ($5.22) and traded as low as GBX 369 ($4.98). North Atlantic Smaller Cos shares last traded at GBX 371 ($5.01), with a volume of 58,374 shares changing hands.

North Atlantic Smaller Cos Stock Up 1.6%

The company has a market cap of £497.07 million, a PE ratio of 1,201.30 and a beta of 0.77. The stock has a 50-day moving average of GBX 385.48 and a 200-day moving average of GBX 2,261.21.

About North Atlantic Smaller Cos

(Get Free Report)

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.

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