North Atlantic Smaller Cos (LON:NAS) Releases Earnings Results

North Atlantic Smaller Cos (LON:NAS) announced its earnings results on Monday. The investment trust reported GBX 41.82 EPS 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 Up 0.7%

Shares of North Atlantic Smaller Cos stock traded up GBX 3 during trading on Wednesday, hitting GBX 421. 86,067 shares of the company were exchanged, compared to its average volume of 357,437. North Atlantic Smaller Cos has a fifty-two week low of GBX 242 and a fifty-two week high of GBX 434. The stock has a market capitalization of £526.25 million, a price-to-earnings ratio of 18.90 and a beta of 0.96. The firm has a 50 day moving average price of GBX 418.88 and a 200 day moving average price of GBX 387.38.

Insider Buying and Selling

In other news, insider Peregrine D. E. M. Moncreiffe bought 2,407 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The stock was purchased at an average price of GBX 415 per share, with a total value of £9,989.05. In the last three months, insiders bought 7,280 shares of company stock worth $2,991,962. Company insiders own 34.61% of the company’s stock.

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.