Northern 2 VCT (LON:NTV) Posts Earnings Results

Northern 2 VCT (LON:NTV) announced its quarterly earnings results on Tuesday. The company reported GBX 0.30 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 215 million for the quarter. Northern 2 VCT had a negative return on equity of 1.11% and a negative net margin of 94.70%.

Northern 2 VCT Trading Down 2.9%

Shares of Northern 2 VCT stock opened at GBX 50.50 on Tuesday. The business’s 50 day simple moving average is GBX 53.20 and its 200-day simple moving average is GBX 53.54. The stock has a market capitalization of £136.04 million, a price-to-earnings ratio of 13.65 and a beta of 0.22. Northern 2 VCT has a twelve month low of GBX 47 and a twelve month high of GBX 57.

Northern 2 VCT Company Profile

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.