North Atlantic Smaller Cos (LON:NAS) Share Price Crosses Below 50 Day Moving Average - Here's What Happened

North Atlantic Smaller Cos (LON:NAS - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 2,029.62 ($27.28) and traded as low as GBX 392 ($5.27). North Atlantic Smaller Cos shares last traded at GBX 392 ($5.27), with a volume of 29,284 shares.

North Atlantic Smaller Cos Price Performance

The company has a market cap of £51.82 million, a price-to-earnings ratio of 0.59 and a beta of 0.77. The business has a 50 day simple moving average of GBX 1,695.62 and a 200 day simple moving average of GBX 2,950.92.

North Atlantic Smaller Cos (LON:NAS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The investment trust reported GBX 112.91 ($1.52) EPS for the quarter. North Atlantic Smaller Cos had a return on equity of 12.49% and a net margin of 91.37%.

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.