Northern Venture Trust (LON:NVT) Announces Quarterly Earnings Results

Northern Venture Trust (LON:NVT) posted its quarterly earnings results on Tuesday. The company reported GBX 0.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Northern Venture Trust had a negative return on equity of 1.03% and a negative net margin of 86.36%.The business had revenue of GBX 180 million for the quarter.

Northern Venture Trust Price Performance

NVT opened at GBX 55 on Tuesday. The stock’s 50 day simple moving average is GBX 56.93 and its 200 day simple moving average is GBX 56.82. Northern Venture Trust has a 1 year low of GBX 53 and a 1 year high of GBX 60. The firm has a market cap of £143.96 million, a price-to-earnings ratio of 14.47 and a beta of 0.19.

Northern Venture Trust Company Profile

Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between £2 million ($3.1 million) and £10 million ($15.59 million) in companies with enterprise values between £10 million ($15.59 million) and £30 million ($46.77 million). It prefers to take majority stake in companies.