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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' stock price has fallen below its 50-day moving average of GBX 375.14, trading as low as GBX 364 ($4.89).
  • The company has a market capitalization of £479.15 million and a negative price-to-earnings ratio of -89.58, indicating financial challenges.
  • NASCIT, the investment trust behind North Atlantic Smaller Cos, aims for capital appreciation through investments in smaller cap public and unquoted companies.
  • Five stocks we like better than North Atlantic Smaller Cos.

North Atlantic Smaller Cos (LON:NAS - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 375.14 ($5.04) and traded as low as GBX 364 ($4.89). North Atlantic Smaller Cos shares last traded at GBX 365 ($4.90), with a volume of 94,600 shares.

North Atlantic Smaller Cos Trading Down 1.9%

The firm has a 50-day moving average of GBX 375.14 and a two-hundred day moving average of GBX 1,598.21. The firm has a market cap of £479.15 million, a price-to-earnings ratio of -89.58 and a beta of 0.77.

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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