North Atlantic Smaller Cos (LON:NAS) Shares Pass Above 50-Day Moving Average – Here’s What Happened

North Atlantic Smaller Cos (LON:NAS) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 360.11 and traded as high as GBX 362. North Atlantic Smaller Cos shares last traded at GBX 359, with a volume of 117,415 shares trading hands.

North Atlantic Smaller Cos Stock Up 0.3%

The firm has a market cap of £468.50 million, a P/E ratio of -0.88 and a beta of 0.77. The stock’s 50-day moving average is GBX 360.11 and its 200-day moving average is GBX 368.46.

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. NASCIT has been run by Christopher Mills since 1982, using a bottom-up approach when determining investment strategy.