Key Points
- Insider purchase: Peregrine Moncreiffe bought 1,363 shares of North Atlantic Smaller Cos on May 7 at an average price of GBX 367, for a total of about £5,002.
- Stock performance: NAS shares rose 0.9% and opened at GBX 370, trading near the upper end of its 12-month range of GBX 242 to GBX 402.
- Recent results and profile: The company reported quarterly EPS of GBX 9.24, with revenue of GBX 2,207 million, and continues to focus on long-term capital appreciation through smaller-cap public and unquoted investments.
North Atlantic Smaller Cos (LON:NAS - Get Free Report) insider Peregrine Moncreiffe purchased 1,363 shares of the firm's stock in a transaction dated Thursday, May 7th. The stock was purchased at an average cost of GBX 367 per share, with a total value of £5,002.21.
North Atlantic Smaller Cos Stock Up 0.9%
Shares of NAS stock opened at GBX 370 on Friday. North Atlantic Smaller Cos has a 12-month low of GBX 242 and a 12-month high of GBX 402. The firm has a market capitalization of £477.67 million, a price-to-earnings ratio of 16.61 and a beta of 0.94. The firm has a fifty day moving average of GBX 347.32 and a 200-day moving average of GBX 357.62.
North Atlantic Smaller Cos (LON:NAS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The investment trust reported GBX 9.24 earnings per share (EPS) for the quarter. North Atlantic Smaller Cos had a net margin of 73.06% and a return on equity of 3.99%. The company had revenue of GBX 2,207 million during the quarter.
About North Atlantic Smaller Cos
(
Get Free Report)
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.
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