Northern 2 VCT (LON:NTV) Shares Cross Below Fifty Day Moving Average - Should You Sell?

Key Points

• Northern 2 VCT shares recently crossed below their 50-day moving average, indicating a potential decline in performance, trading at GBX 53 ($0.71).
• The company has a market capitalization of £128.22 million and a notably high P/E ratio of 1,394.74.
• In its latest earnings report, Northern 2 VCT announced earnings per share of GBX 0.50, with an impressive return on equity of 335.60%.

Shares of Northern 2 VCT (LON:NTV - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 54.83 ($0.74) and traded as low as GBX 53 ($0.72). Northern 2 VCT shares last traded at GBX 53 ($0.72), with a volume of 7,862 shares traded.

Northern 2 VCT Stock Performance

The business's 50 day moving average is GBX 54.74 and its 200 day moving average is GBX 53.82. The company has a market capitalization of £127.45 million, a price-to-earnings ratio of 1,394.74 and a beta of 0.22.

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

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.