North Atlantic Smaller Cos (LON:NAS) Sets New 1-Year High at $4,070.00

North Atlantic Smaller Cos (LON:NAS) hit a new 52-week high on Thursday . The company traded as high as GBX 4,070 ($51.12) and last traded at GBX 4,070 ($51.12), with a volume of 2852 shares changing hands. The stock had previously closed at GBX 3,890 ($48.86).

North Atlantic Smaller Cos Stock Performance

The stock has a 50-day moving average of GBX 3,671.41 and a two-hundred day moving average of GBX 3,724.15. The company has a market cap of £546.60 million, a P/E ratio of -9,357.14 and a beta of 0.74.

North Atlantic Smaller Cos Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th were issued a GBX 68.50 ($0.86) dividend. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 1.83%. This is an increase from North Atlantic Smaller Cos’s previous dividend of $20.00. North Atlantic Smaller Cos’s payout ratio is currently -5,238.10%.

Insider Activity

In other news, insider Julian Fagge purchased 523 shares of the company’s stock in a transaction on Monday, February 26th. The stock was acquired at an average price of GBX 3,800 ($47.73) per share, with a total value of £19,874 ($24,964.20). Insiders own 43.16% of the company’s stock.

About North Atlantic Smaller Cos

North Atlantic Smaller Companies Investment Trust PLC is an open-end equity mutual fund launched and managed by Harwood Capital LLP. It invests in public equity markets of global region. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of small-cap companies.