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North Atlantic Smaller Cos (LON:NAS) Shares Cross Below 50 Day Moving Average - Here's Why

North Atlantic Smaller Cos logo with Financial Services background

Shares of North Atlantic Smaller Cos (LON:NAS - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 2,029.62 ($27.44) and traded as low as GBX 392 ($5.30). North Atlantic Smaller Cos shares last traded at GBX 392 ($5.30), with a volume of 29,284 shares.

North Atlantic Smaller Cos Price Performance

The firm has a market cap of £52.31 million, a P/E ratio of 0.59 and a beta of 0.77. The business's 50-day moving average is GBX 2,029.62 and its two-hundred day moving average is GBX 3,055.33.

North Atlantic Smaller Cos (LON:NAS - Get Free Report) last issued its earnings results on Wednesday, May 7th. The investment trust reported GBX 112.91 ($1.53) earnings per share 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

(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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