North Atlantic Smaller Cos (LON:NAS) Issues Quarterly Earnings Results

North Atlantic Smaller Cos (LON:NAS) released its earnings results on Wednesday. The investment trust reported GBX 6.46 earnings per share for the quarter, Digital Look Earnings reports. North Atlantic Smaller Cos had a return on equity of 3.99% and a net margin of 73.06%.

North Atlantic Smaller Cos Stock Performance

North Atlantic Smaller Cos stock opened at GBX 420.06 on Friday. North Atlantic Smaller Cos has a 52 week low of GBX 242 and a 52 week high of GBX 433. The stock has a market capitalization of £532.95 million, a P/E ratio of 18.85 and a beta of 0.95. The stock has a fifty day moving average of GBX 394.80 and a 200-day moving average of GBX 367.97.

Insider Buying and Selling

In related news, insider Julian Fagge acquired 6,744 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of GBX 369 per share, for a total transaction of £24,885.36. Also, insider Peregrine D. E. M. Moncreiffe bought 1,363 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were bought at an average cost of GBX 367 per share, for a total transaction of £5,002.21. Over the last quarter, insiders have purchased 13,536 shares of company stock valued at $4,985,253. 34.26% of the stock is owned by corporate insiders.

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.