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

Northern 2 VCT (LON:NTVGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 52.53 ($0.68) and traded as low as GBX 52 ($0.67). Northern 2 VCT shares last traded at GBX 52 ($0.67), with a volume of 3 shares.

Northern 2 VCT Price Performance

The business’s 50 day moving average price is GBX 52.53 and its 200-day moving average price is GBX 52.81. The company has a market cap of £118.39 million, a P/E ratio of 0.28 and a beta of 0.22.

Insider Buying and Selling at Northern 2 VCT

In related news, insider Ranjan Ramparia purchased 17,332 shares of the stock in a transaction that occurred on Thursday, April 3rd. The stock was acquired at an average cost of GBX 58 ($0.75) per share, with a total value of £10,052.56 ($13,048.49). Company insiders own 0.22% of the company’s stock.

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.

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