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

North Atlantic Smaller Cos (LON:NAS) posted its quarterly 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 Trading Up 0.7%

Shares of North Atlantic Smaller Cos stock opened at GBX 421 on Wednesday. North Atlantic Smaller Cos has a twelve month low of GBX 242 and a twelve month high of GBX 434. The stock has a market cap of £526.25 million, a price-to-earnings ratio of 18.90 and a beta of 0.96. The company has a fifty day moving average price of GBX 418.88 and a 200 day moving average price of GBX 387.38.

Insider Activity at North Atlantic Smaller Cos

In related news, insider Peregrine D. E. M. Moncreiffe bought 2,444 shares of the stock in a transaction dated Monday, September 21st. The stock was acquired at an average price of GBX 409 per share, for a total transaction of £9,995.96. Insiders bought a total of 7,280 shares of company stock worth $2,991,962 in the last 90 days. Insiders own 34.61% of the company’s stock.

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.