Northern 2 VCT (LON:NTV) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Northern 2 VCT (LON:NTV)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 52.21 and traded as low as GBX 50.50. Northern 2 VCT shares last traded at GBX 50.50, with a volume of 3,750 shares traded.

Northern 2 VCT Stock Performance

The stock’s 50 day moving average price is GBX 52.21 and its 200 day moving average price is GBX 52.97. The company has a market capitalization of £136.04 million, a P/E ratio of -84.17 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last issued its quarterly earnings results on Tuesday, June 16th. The company reported GBX 0.30 earnings per share (EPS) for the quarter. Northern 2 VCT had a negative return on equity of 1.11% and a negative net margin of 94.70%.The firm had revenue of GBX 215 million for the quarter.

Northern 2 VCT Company Profile

Northern 2 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. It prefer to invest in growth capital investments. Within direct, the fund seeks to invest in middle market, later stage, buyout, mature, and early stage investments. Within fund of funds, it makes private equity fund investments. The fund prefers to invest in unquoted and AIM-quoted companies in the United Kingdom. It invests in all sectors, manufacturing and service businesses except real estate.