Northern 3 VCT (LON:NTN) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Northern 3 VCT PLC (LON:NTN)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 81.17 and traded as low as GBX 80.50. Northern 3 VCT shares last traded at GBX 80.50, with a volume of 7,447 shares changing hands.

Northern 3 VCT Stock Down 1.8%

The firm’s 50 day moving average is GBX 81.17 and its 200-day moving average is GBX 82.19. The firm has a market cap of £143.15 million, a PE ratio of -134.17 and a beta of 0.16.

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

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).