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North Atlantic Smaller Cos (LON:NAS) Stock Passes Below 50 Day Moving Average - What's Next?

North Atlantic Smaller Cos logo with Financial Services background

Key Points

  • North Atlantic Smaller Cos (LON:NAS) has fallen below its 50-day moving average of GBX 384.05, trading at GBX 372 ($5.04) during its latest session.
  • The company holds a market capitalization of £488.99 million and has a significantly high P/E ratio of 1,182.23.
  • NASCIT, the investment trust, focuses on achieving long-term capital appreciation through investments primarily in smaller cap public and unquoted companies.
  • MarketBeat previews top five stocks to own in October.

North Atlantic Smaller Cos (LON:NAS - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 384.05 ($5.20) and traded as low as GBX 370.73 ($5.02). North Atlantic Smaller Cos shares last traded at GBX 372 ($5.04), with a volume of 67,150 shares.

North Atlantic Smaller Cos Trading Up 0.8%

The company's fifty day moving average is GBX 384.05 and its 200-day moving average is GBX 2,201.56. The firm has a market capitalization of £488.99 million, a P/E ratio of 1,182.23 and a beta of 0.77.

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.

Further Reading

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