North Atlantic Smaller Cos (LON:NAS) Reaches New 1-Year High at $4,070.00

North Atlantic Smaller Cos (LON:NAS)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 4,070 ($51.12) and last traded at GBX 4,070 ($51.12), with a volume of 2852 shares changing hands. The stock had previously closed at GBX 3,890 ($48.86).

North Atlantic Smaller Cos Price Performance

The firm has a market cap of £543.92 million, a P/E ratio of -9,642.86 and a beta of 0.74. The firm’s 50-day moving average price is GBX 3,682.41 and its 200 day moving average price is GBX 3,731.82.

North Atlantic Smaller Cos Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th were given a GBX 68.50 ($0.86) dividend. This is a positive change from North Atlantic Smaller Cos’s previous dividend of $20.00. The ex-dividend date of this dividend was Thursday, February 29th. This represents a dividend yield of 1.83%. North Atlantic Smaller Cos’s dividend payout ratio (DPR) is presently -5,238.10%.

Insider Activity at North Atlantic Smaller Cos

In other North Atlantic Smaller Cos news, insider Julian Fagge bought 523 shares of the stock in a transaction on Monday, February 26th. The stock was purchased at an average price of GBX 3,800 ($47.73) per share, for a total transaction of £19,874 ($24,964.20). Corporate insiders own 43.16% of the company’s stock.

About North Atlantic Smaller Cos

North Atlantic Smaller Companies Investment Trust PLC is an open-end equity mutual fund launched and managed by Harwood Capital LLP. It invests in public equity markets of global region. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of small-cap companies.