Northern 3 VCT (LON:NTN) Shares Down 1.8% – Should You Sell?

Northern 3 VCT PLC (LON:NTNGet Free Report) shares dropped 1.8% on Wednesday . The company traded as low as GBX 80.50 and last traded at GBX 80.50. Approximately 5,000 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 182,459 shares. The stock had previously closed at GBX 82.

Northern 3 VCT Stock Down 1.8%

The business’s 50-day moving average price is GBX 80.94 and its 200-day moving average price is GBX 82.06. The firm has a market capitalization of £143.15 million, a PE ratio of -134.17 and a beta of 0.16.

Northern 3 VCT (LON:NTNGet Free Report) last posted its quarterly earnings results on Tuesday, June 16th. The company reported GBX 0.40 EPS for the quarter. Northern 3 VCT had a negative net margin of 44.14% and a negative return on equity of 0.72%. The business had revenue of GBX 185 million during the quarter.

About Northern 3 VCT

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Northern 3 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. Within direct, the fund seeks to invest in middle market, later stage, mature and growth capital. Within fund of funds, it makes private equity fund investments. The fund invests in all sectors. It typically invests in the United Kingdom. The fund typically invests between £2 million ($3.11 million) and £10 million ($15.57 million) in companies with enterprise values between £10 million ($15.57 million) and £30 million ($46.77 million).

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