Northern 3 VCT (LON:NTN) Hits New 1-Year Low – Should You Sell?

Northern 3 VCT PLC (LON:NTN) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 79.50 and last traded at GBX 79.50, with a volume of 5266 shares trading hands. The stock had previously closed at GBX 81.

Northern 3 VCT Stock Down 1.9%

The company has a market cap of £141.37 million, a price-to-earnings ratio of 15.59 and a beta of 0.16. The firm has a 50 day moving average price of GBX 82.09 and a two-hundred day moving average price of GBX 82.85.

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

Northern 3 VCT Company Profile

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).