Northern 2 VCT (LON:NTV) Trading Up 2.7% - Here's Why

Key Points

• Northern 2 VCT shares rose by 2.7% to GBX 57 ($0.76) during Monday's trading, despite a significant drop in trading volume by 90% compared to the average.
• The company has a market capitalization of £126.14 million, a remarkably low price-to-earnings ratio of 0.30, and high return on equity of 335.60%.
• Northern 2 VCT specializes in venture capital investments, focusing on growth capital investments in both direct and fund of funds opportunities.

Shares of Northern 2 VCT (LON:NTV - Get Free Report) were up 2.7% during trading on Monday . The stock traded as high as GBX 57 ($0.76) and last traded at GBX 57 ($0.76). Approximately 17,112 shares were traded during trading, a decline of 90% from the average daily volume of 176,676 shares. The stock had previously closed at GBX 55.50 ($0.74).

Northern 2 VCT Price Performance

The firm has a market capitalization of £126.14 million, a price-to-earnings ratio of 0.30 and a beta of 0.22. The firm's fifty day moving average is GBX 54.48 and its 200 day moving average is GBX 53.36.

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

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