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

Key Points

• Northern 3 VCT PLC shares fell by 1.8% during trading, reaching a low of GBX 82.50 ($1.11), with volume down 97% compared to average trading sessions.
• The company has a considerable market cap of £122.87 million and very high P/E ratio of 1,718.75.
• In its last quarterly earnings report, Northern 3 VCT announced an EPS of GBX 0.70 and a return on equity of 2.55%.

Northern 3 VCT PLC (LON:NTN - Get Free Report) traded down 1.8% during trading on Tuesday . The company traded as low as GBX 82.50 ($1.11) and last traded at GBX 82.50 ($1.11). 2,959 shares traded hands during trading, a decline of 97% from the average session volume of 93,812 shares. The stock had previously closed at GBX 84 ($1.13).

Northern 3 VCT Stock Performance

The firm has a 50 day moving average price of GBX 84.38 and a two-hundred day moving average price of GBX 84.03. The company has a market cap of £122.87 million, a P/E ratio of 1,718.75 and a beta of 0.16.

Northern 3 VCT (LON:NTN - Get Free Report) last announced its quarterly earnings data on Tuesday, June 17th. The company reported GBX 0.70 earnings per share (EPS) for the quarter. Northern 3 VCT had a return on equity of 2.55% and a net margin of 52.77%.

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.

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