Northern 2 VCT (LON:NTV) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Northern 2 VCT (LON:NTV) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 51.51 and traded as low as GBX 51.50. Northern 2 VCT shares last traded at GBX 51.50, with a volume of 3,000 shares.

Northern 2 VCT Price Performance

The firm has a market capitalization of £146.82 million, a PE ratio of -90.83 and a beta of 0.22. The company’s fifty day simple moving average is GBX 51.53 and its 200-day simple moving average is GBX 52.58.

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