Northern 2 VCT (LON:NTV) Trading Down 2.8% - Should You Sell?

Key Points

• Northern 2 VCT's stock price fell by 2.8% during mid-day trading, reaching GBX 53 ($0.72), with the trading volume declining by 87% from its average.
• The company reported earnings of GBX 0.50 ($0.01) per share for the quarter, boasting a net margin of 7,373.23% and a return on equity of 335.60%.
• Northern 2 VCT is a venture capital trust that focuses on growth capital investments and private equity fund investments, targeting middle market and later stage businesses.

Northern 2 VCT (LON:NTV - Get Free Report)'s stock price traded down 2.8% during mid-day trading on Monday . The stock traded as low as GBX 53 ($0.72) and last traded at GBX 53 ($0.72). 20,375 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 161,251 shares. The stock had previously closed at GBX 54.50 ($0.74).

Northern 2 VCT Price Performance

The firm has a market capitalization of £117.29 million, a PE ratio of 0.28 and a beta of 0.22. The company has a 50-day moving average price of GBX 54.75 and a 200-day moving average price of GBX 53.65.

Northern 2 VCT (LON:NTV - Get Free Report) last announced its earnings results on Tuesday, June 17th. The company reported GBX 0.50 ($0.01) earnings per share 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

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.