Northern 3 VCT (LON:NTN) Shares Down 1.8% – What’s Next?

Northern 3 VCT PLC (LON:NTN) was down 1.8% on Thursday . The company traded as low as GBX 82 and last traded at GBX 82. Approximately 9 shares changed hands during trading, a decline of 100% from the average daily volume of 253,202 shares. The stock had previously closed at GBX 83.50.

Northern 3 VCT Stock Performance

The stock has a market capitalization of £129.27 million, a P/E ratio of 16.08 and a beta of 0.16. The business has a fifty day simple moving average of GBX 82.93 and a 200-day simple moving average of GBX 83.36.

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).