Northern 3 VCT (LON:NTN) Trading 0.6% Higher – Should You Buy?

Northern 3 VCT PLC (LON:NTN) shares were up 0.6% during mid-day trading on Tuesday . The stock traded as high as GBX 83.50 and last traded at GBX 83.50. Approximately 1,700 shares traded hands during trading, a decline of 98% from the average daily volume of 68,920 shares. The stock had previously closed at GBX 83.

Northern 3 VCT Price Performance

The stock’s fifty day moving average price is GBX 83.21 and its 200-day moving average price is GBX 83.52. The firm has a market cap of £133.07 million, a PE ratio of 16.37 and a beta of 0.16.

Northern 3 VCT (LON:NTN) last posted its quarterly earnings results on Thursday, November 20th. The company reported GBX 0.20 earnings per share for the quarter. Northern 3 VCT had a net margin of 52.77% and a return on equity of 2.55%.

Insider Buying and Selling

In related news, insider John Waddell bought 10,959 shares of the stock in a transaction dated Tuesday, November 25th. The shares were acquired at an average cost of GBX 91 per share, for a total transaction of £9,972.69. Also, insider Christopher J. Fleetwood purchased 10,975 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was bought at an average price of GBX 91 per share, with a total value of £9,987.25. Company insiders own 0.99% of the company’s stock.

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).