Northern 3 VCT (LON:NTN) Stock Price Down 1.8% - Here's What Happened

Key Points

• Share price fell 1.8% — Northern 3 VCT traded as low as GBX 82 and last traded at GBX 82.9 on Thursday, down from a prior close of GBX 83.50.
• Liquidity was effectively nil: only 9 shares changed hands versus an average session volume of 253,202, a near 100% decline in trading activity.
• Company profile and metrics: Northern 3 VCT is a venture capital trust investing in UK middle‑market direct deals and fund‑of‑funds, with a market cap of £129.27m, a P/E of 16.08 and a beta of 0.16.

Northern 3 VCT PLC (LON:NTN - )'s stock price fell 1.8% during trading on Thursday . The company traded as low as GBX 82 and last traded at GBX 82. 9 shares changed hands during trading, a decline of 100% from the average session volume of 253,202 shares. The stock had previously closed at GBX 83.50.

Northern 3 VCT Stock Performance

The company has a fifty day simple moving average of GBX 82.93 and a two-hundred day simple moving average of GBX 83.36. The stock has a market capitalization of £129.27 million, a price-to-earnings ratio of 16.08 and a beta of 0.16.

About Northern 3 VCT

Northern 3 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. Within direct, the fund seeks to invest in middle market, later stage, mature and growth capital. Within fund of funds, it makes private equity fund investments. The fund invests in all sectors. It typically invests in the United Kingdom. The fund typically invests between £2 million ($3.11 million) and £10 million ($15.57 million) in companies with enterprise values between £10 million ($15.57 million) and £30 million ($46.77 million).

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