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

North Atlantic Smaller Cos (LON:NAS)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 3,651.16 ($47.01) and traded as high as GBX 3,700 ($47.64). North Atlantic Smaller Cos shares last traded at GBX 3,610 ($46.48), with a volume of 35,435 shares.

North Atlantic Smaller Cos Price Performance

The firm has a market capitalization of £477.21 million, a price-to-earnings ratio of 5.42 and a beta of 0.77. The stock has a fifty day moving average of GBX 3,651.16 and a two-hundred day moving average of GBX 3,767.91.

About North Atlantic Smaller Cos

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.