North Atlantic Smaller Cos (LON:NAS) Hits New 52-Week High – Here’s Why

North Atlantic Smaller Cos (LON:NASGet Free Report)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as GBX 404 and last traded at GBX 404, with a volume of 49361 shares changing hands. The stock had previously closed at GBX 400.

North Atlantic Smaller Cos Stock Performance

The firm has a market cap of £515.10 million, a PE ratio of 18.10 and a beta of 0.95. The company’s 50-day simple moving average is GBX 377.02 and its two-hundred day simple moving average is GBX 362.40.

North Atlantic Smaller Cos (LON:NASGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The investment trust reported GBX 9.24 earnings per share (EPS) for the quarter. The firm had revenue of GBX 2,207 million for the quarter. North Atlantic Smaller Cos had a net margin of 73.06% and a return on equity of 3.99%.

Insider Activity

In other North Atlantic Smaller Cos news, insider Julian Fagge purchased 6,744 shares of the stock in a transaction on Friday, May 15th. The stock was acquired at an average price of GBX 369 per share, with a total value of £24,885.36. Also, insider Peregrine D. E. M. Moncreiffe acquired 1,363 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was acquired at an average price of GBX 367 per share, with a total value of £5,002.21. Insiders purchased 13,536 shares of company stock worth $4,985,253 over the last three months. 34.03% of the stock is owned by 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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