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Northern 2 VCT (LON:NTV) Shares Pass Below 50 Day Moving Average - Here's Why

Northern 2 VCT logo with Financial Services background

Shares of Northern 2 VCT (LON:NTV - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 53.47 ($0.73) and traded as low as GBX 52 ($0.71). Northern 2 VCT shares last traded at GBX 52 ($0.71), with a volume of 31 shares.

Northern 2 VCT Stock Down 2.8%

The stock's 50-day moving average price is GBX 53.47 and its 200 day moving average price is GBX 53.01. The firm has a market capitalization of £115.07 million, a price-to-earnings ratio of 0.27 and a beta of 0.22.

Insider Transactions at Northern 2 VCT

In related news, insider Ranjan Ramparia purchased 17,332 shares of the company's stock in a transaction on Thursday, April 3rd. The stock was bought at an average price of GBX 58 ($0.79) per share, with a total value of £10,052.56 ($13,639.84). Corporate insiders own 0.22% of the company's stock.

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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