North Atlantic Smaller Cos (LON:NAS) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

North Atlantic Smaller Cos (LON:NAS) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 3,673.49 ($46.20) and traded as high as GBX 3,737.20 ($47.00). North Atlantic Smaller Cos shares last traded at GBX 3,650 ($45.91), with a volume of 11,605 shares traded.

North Atlantic Smaller Cos Stock Performance

The company’s 50-day moving average price is GBX 3,673.49 and its 200 day moving average price is GBX 3,830.62. The stock has a market capitalization of £482.50 million, a P/E ratio of 5.48 and a beta of 0.77.

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.