Northern 2 VCT (LON:NTV) Trading Down 2.8% - Here's Why

Key Points

• Northern 2 VCT shares fell by 2.8% on Monday, closing at GBX 53 ($0.71), with a significant drop in trading volume, down to just 36 shares compared to the average of 170,683 shares.
• The company's market capitalization stands at £127.04 million, with a P/E ratio of 1,394.74 and a low beta of 0.22, indicating less volatility compared to the market.
• Northern 2 VCT specializes in venture capital investments, focusing on growth capital within both direct investments and fund of funds.

Northern 2 VCT (LON:NTV - ) dropped 2.8% on Monday . The company traded as low as GBX 53 ($0.71) and last traded at GBX 53 ($0.71). Approximately 36 shares were traded during trading, a decline of 100% from the average daily volume of 170,683 shares. The stock had previously closed at GBX 54.50 ($0.73).

Northern 2 VCT Stock Down 2.8%

The business's 50 day moving average is GBX 53.93 and its two-hundred day moving average is GBX 54.05. The firm has a market capitalization of £127.04 million, a P/E ratio of 1,394.74 and a beta of 0.22.

About Northern 2 VCT

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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