North Atlantic Smaller Cos (LON:NAS) Hits New 12-Month High – Should You Buy?

North Atlantic Smaller Cos (LON:NASGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 433 and last traded at GBX 433, with a volume of 14164 shares trading hands. The stock had previously closed at GBX 427.

North Atlantic Smaller Cos Trading Up 1.4%

The stock has a market cap of £543.91 million, a P/E ratio of 19.43 and a beta of 0.95. The firm’s fifty day moving average is GBX 409.56 and its 200 day moving average is GBX 374.71.

North Atlantic Smaller Cos (LON:NASGet Free Report) last released its quarterly earnings data on Wednesday, July 15th. The investment trust reported GBX 6.46 earnings per share (EPS) for the quarter. North Atlantic Smaller Cos had a return on equity of 3.99% and a net margin of 73.06%.

Insiders Place Their Bets

In related news, insider Julian Fagge purchased 6,744 shares of North Atlantic Smaller Cos stock in a transaction dated Friday, May 15th. The shares were acquired at an average cost of GBX 369 per share, for a total transaction of £24,885.36. 34.61% of the stock is owned by corporate insiders.

About North Atlantic Smaller Cos

(Get Free Report)

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.

Further Reading

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