Northern 3 VCT (LON:NTN) Releases Quarterly Earnings Results

Northern 3 VCT (LON:NTN) announced its quarterly earnings results on Tuesday. The company reported GBX 0.40 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 185 million for 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 Stock Performance

Shares of NTN opened at GBX 81 on Wednesday. The stock has a market capitalization of £144.04 million, a PE ratio of 15.88 and a beta of 0.16. Northern 3 VCT has a 1 year low of GBX 54.24 and a 1 year high of GBX 86.50. The company’s 50-day simple moving average is GBX 82.78 and its 200-day simple moving average is GBX 83.15.

About Northern 3 VCT

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).