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

Key Points

• Northern 3 VCT PLC shares dropped by 1.8%, trading at GBX 82.50 ($1.12) with a significant decline in trading volume of 94% compared to its average.
• The company's market capitalization stands at £122.02 million and it has a very high P/E ratio of 1,718.75.
• Northern 3 VCT specializes in venture capital investments in the UK, focusing on both direct investments and fund of funds in various sectors.

Northern 3 VCT PLC (LON:NTN - ) shares traded down 1.8% during mid-day trading on Tuesday . The company traded as low as GBX 82.50 ($1.12) and last traded at GBX 82.50 ($1.12). 6,002 shares were traded during trading, a decline of 94% from the average session volume of 93,812 shares. The stock had previously closed at GBX 84 ($1.14).

Northern 3 VCT Stock Down 1.8%

The firm has a market cap of £122.02 million, a P/E ratio of 1,718.75 and a beta of 0.16. The firm's 50-day simple moving average is GBX 83.69 and its 200 day simple moving average is GBX 83.93.

Northern 3 VCT Company Profile

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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