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

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 the top five stocks to own by November 1st.

North Atlantic Smaller Cos (LON:NAS - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 384.05 ($5.22) and traded as low as GBX 370.73 ($5.04). North Atlantic Smaller Cos shares last traded at GBX 372 ($5.06), with a volume of 67,150 shares traded.

North Atlantic Smaller Cos Stock Performance

The firm has a market capitalization of £486.37 million, a P/E ratio of 1,175.87 and a beta of 0.77. The stock has a 50-day moving average of GBX 382.85 and a 200 day moving average of GBX 2,111.87.

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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