Peregrine Moncreiffe Buys 2,444 Shares of North Atlantic Smaller Cos (LON:NAS) Stock

North Atlantic Smaller Cos (LON:NAS) insider Peregrine Moncreiffe bought 2,444 shares of North Atlantic Smaller Cos stock in a transaction on Monday, September 21st. The shares were purchased at an average cost of GBX 409 per share, for a total transaction of £9,995.96.

North Atlantic Smaller Cos Price Performance

Shares of LON:NAS traded up GBX 4 during midday trading on Tuesday, reaching GBX 418. 95,150 shares of the company’s stock were exchanged, compared to its average volume of 358,458. The firm’s 50 day simple moving average is GBX 418.85 and its two-hundred day simple moving average is GBX 387.02. North Atlantic Smaller Cos has a fifty-two week low of GBX 242 and a fifty-two week high of GBX 434. The stock has a market cap of £522.50 million, a price-to-earnings ratio of 18.76 and a beta of 0.96.

North Atlantic Smaller Cos (LON:NAS) last announced its quarterly earnings results on Monday, September 21st. The investment trust reported GBX 41.82 earnings per share for the quarter. North Atlantic Smaller Cos had a net margin of 73.06% and a return on equity of 3.99%.

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.