North Atlantic Smaller Cos (LON:NAS) Issues Quarterly Earnings Results

North Atlantic Smaller Cos (LON:NAS) posted its earnings results on Monday. The investment trust reported GBX 41.82 earnings per share for the quarter, Digital Look Earnings reports. North Atlantic Smaller Cos had a net margin of 73.06% and a return on equity of 3.99%.

North Atlantic Smaller Cos Stock Performance

NAS stock traded up GBX 6 during mid-day trading on Wednesday, hitting GBX 424. The company had a trading volume of 104,384 shares, compared to its average volume of 357,537. The firm has a market cap of £530 million, a PE ratio of 19.03 and a beta of 0.96. North Atlantic Smaller Cos has a 12 month low of GBX 242 and a 12 month high of GBX 434. The stock’s fifty day moving average price is GBX 418.96 and its two-hundred day moving average price is GBX 387.89.

Insider Buying and Selling at North Atlantic Smaller Cos

In related news, insider Peregrine D. E. M. Moncreiffe purchased 2,444 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was bought at an average price of GBX 409 per share, for a total transaction of £9,995.96. Over the last ninety days, insiders have purchased 7,280 shares of company stock worth $2,991,962. 34.61% of the stock is owned by corporate insiders.

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