North Atlantic Smaller Cos (LON:NAS) Sets New 1-Year High – Time to Buy?

North Atlantic Smaller Cos (LON:NAS)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 433 and last traded at GBX 430, with a volume of 1018166 shares. The stock had previously closed at GBX 424.

North Atlantic Smaller Cos Stock Up 0.5%

The company has a 50 day moving average price of GBX 405.14 and a 200-day moving average price of GBX 372.54. The company has a market cap of £540.49 million, a price-to-earnings ratio of 19.12 and a beta of 0.95.

North Atlantic Smaller Cos (LON:NAS) last posted its earnings results on Wednesday, July 15th. The investment trust reported GBX 6.46 EPS for the quarter. North Atlantic Smaller Cos had a net margin of 73.06% and a return on equity of 3.99%.

Insider Buying and Selling at North Atlantic Smaller Cos

In other North Atlantic Smaller Cos news, insider Julian Fagge purchased 6,744 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average price of GBX 369 per share, with a total value of £24,885.36. Also, insider Peregrine D. E. M. Moncreiffe purchased 1,363 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were acquired at an average price of GBX 367 per share, for a total transaction of £5,002.21. Insiders have bought 13,536 shares of company stock valued at $4,985,253 in the last ninety days. Insiders own 34.26% of the company’s stock.

About North Atlantic Smaller Cos

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.