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

Northern 2 VCT (LON:NTV)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 52.21 and traded as low as GBX 50.50. Northern 2 VCT shares last traded at GBX 50.50, with a volume of 3,750 shares changing hands.

Northern 2 VCT Stock Performance

The business has a 50 day moving average of GBX 52.21 and a 200-day moving average of GBX 52.97. The company has a market capitalization of £136.04 million, a P/E ratio of -84.17 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last posted its earnings results on Tuesday, June 16th. The company reported GBX 0.30 earnings per share 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 for the quarter.

About Northern 2 VCT

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.