North Atlantic Smaller Cos (LON:NAS) Shares Pass Above 50 Day Moving Average – Time to Sell?

North Atlantic Smaller Cos (LON:NAS) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 360.81 and traded as high as GBX 362. North Atlantic Smaller Cos shares last traded at GBX 359.74, with a volume of 62,287 shares changing hands.

North Atlantic Smaller Cos Trading Down 0.6%

The stock has a market cap of £464.58 million, a price-to-earnings ratio of -0.87 and a beta of 0.77. The firm’s 50 day moving average is GBX 360.71 and its two-hundred day moving average is GBX 369.71.

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.