Northern Venture Trust (LON:NVT) Trading Up 2.6% - Here's What Happened

Key Points

• Northern Venture Trust shares rose 2.6% to GBX 58.50 during mid-day trading, but only 9,843 shares traded — a 91% decline from the average session volume of 105,788.
• The stock sits near its moving averages (50-day GBX 56.54; 200-day GBX 56.65), with a market capitalization of £141.09 million, a P/E of 15.39 and a low beta of 0.19.
• Northern Venture Trust is a venture capital trust that makes direct and fund-of-funds private equity investments in mid-market buyouts and later-stage companies, typically investing £2–10m in firms with enterprise values of £10–30m and often taking majority stakes.

Northern Venture Trust (LON:NVT - ) shares traded up 2.6% during mid-day trading on Monday . The company traded as high as GBX 58.50 and last traded at GBX 58.50. 9,843 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 105,788 shares. The stock had previously closed at GBX 57.

Northern Venture Trust Stock Up 2.6%

The company's 50-day moving average is GBX 56.54 and its 200-day moving average is GBX 56.65. The stock has a market capitalization of £141.09 million, a price-to-earnings ratio of 15.39 and a beta of 0.19.

About Northern Venture Trust

Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between £2 million ($3.1 million) and £10 million ($15.59 million) in companies with enterprise values between £10 million ($15.59 million) and £30 million ($46.77 million). It prefers to take majority stake in companies.

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