Northern 2 VCT (LON:NTV) Stock Crosses Below 50-Day Moving Average - Should You Sell?

Key Points

• Northern 2 VCT (LON:NTV) stock has fallen below its fifty-day moving average of GBX 54.61, trading at GBX 53 ($0.72) with a 2.8% decline.
• The company reported a net margin of 7,373.23% and a return on equity of 335.60% for its recent quarter, with an earnings per share (EPS) of GBX 0.50.
• Northern 2 VCT operates as a venture capital trust focused on growth capital investments, with a market cap of £127.45 million and a high PE ratio of 1,394.74.

Northern 2 VCT (LON:NTV - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 54.61 ($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 5,895 shares changing hands.

Northern 2 VCT Stock Down 2.8%

The company's fifty day moving average is GBX 54.61 and its 200 day moving average is GBX 53.80. The stock has a market cap of £127.45 million, a PE ratio of 1,394.74 and a beta of 0.22.

Northern 2 VCT (LON:NTV - Get Free Report) last posted its quarterly 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.