Northern 2 VCT (LON:NTV) Shares Up 11.2% – Time to Buy?

Northern 2 VCT (LON:NTV – Get Free Report) shares traded up 11.2% on Monday. The stock traded as high as GBX 54.50 and last traded at GBX 54.50. 12 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 191,396 shares. The stock had previously closed at GBX 49.

Northern 2 VCT Price Performance

The firm’s fifty day moving average price is GBX 53.50 and its two-hundred day moving average price is GBX 52.85. The stock has a market cap of £145.29 million, a price-to-earnings ratio of -90.83 and a beta of 0.22.

About Northern 2 VCT

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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.

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