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Northern 2 VCT (LON:NTV) Sets New 1-Year High - Should You Buy?

Northern 2 VCT logo with Financial Services background

Key Points

  • Northern 2 VCT's share price reached a new 52-week high of GBX 57 ($0.76), reflecting a 2.7% increase during trading.
  • The company reported earnings of GBX 0.50 ($0.01) per share for the last quarter, with an impressive return on equity of 335.60% and a net margin of 7,373.23%.
  • Northern 2 VCT specializes in venture capital investments, focusing on both direct and fund of funds investments in various stages of business growth.
  • Want stock alerts on Northern 2 VCT? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Northern 2 VCT (LON:NTV - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 57 ($0.77) and last traded at GBX 57 ($0.77), with a volume of 12 shares changing hands. The stock had previously closed at GBX 55.50 ($0.75).

Northern 2 VCT Price Performance

The company has a market capitalization of £122.82 million, a P/E ratio of 0.29 and a beta of 0.22. The firm has a fifty day moving average price of GBX 54.83 and a 200-day moving average price of GBX 53.56.

Northern 2 VCT (LON:NTV - Get Free Report) last issued its quarterly earnings results on Tuesday, June 17th. The company reported GBX 0.50 ($0.01) earnings per share (EPS) for the quarter. Northern 2 VCT had a net margin of 7,373.23% and a return on equity of 335.60%.

About Northern 2 VCT

(Get Free Report)

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.

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