Northern 2 VCT (LON:NTV) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Northern 2 VCT (LON:NTVGet Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 51.77 and traded as high as GBX 55.50. Northern 2 VCT shares last traded at GBX 52.50, with a volume of 30,385 shares.

Northern 2 VCT Trading Down 2.8%

The firm has a market capitalization of £138.73 million, a P/E ratio of -85.83 and a beta of 0.22. The stock has a 50-day simple moving average of GBX 51.75 and a two-hundred day simple moving average of GBX 52.76.

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

Northern 2 VCT Company Profile

(Get Free Report)

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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