North Atlantic Smaller Cos (LON:NAS) Hits New 12-Month High – Should You Buy?

North Atlantic Smaller Cos (LON:NAS) shares reached a new 52-week high on Monday . The company traded as high as GBX 433 and last traded at GBX 433, with a volume of 14164 shares traded. The stock had previously closed at GBX 427.

North Atlantic Smaller Cos Trading Down 0.7%

The firm has a market cap of £535.21 million, a P/E ratio of 19.12 and a beta of 0.97. The company’s 50-day moving average is GBX 411.22 and its two-hundred day moving average is GBX 375.77.

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

Insider Transactions at North Atlantic Smaller Cos

In related news, insider Julian Fagge purchased 6,744 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of GBX 369 per share, for a total transaction of £24,885.36. Company 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.