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

Northern 3 VCT PLC (LON:NTN)’s stock price traded down 1.8% during trading on Thursday . The company traded as low as GBX 81.50 and last traded at GBX 81.50. 1 shares changed hands during trading, a decline of 100% from the average session volume of 118,456 shares. The stock had previously closed at GBX 83.

Northern 3 VCT Price Performance

The company’s fifty day simple moving average is GBX 83.81 and its 200-day simple moving average is GBX 83.84. The firm has a market capitalization of £129.55 million, a PE ratio of 15.98 and a beta of 0.16.

Northern 3 VCT (LON:NTN) last issued its quarterly earnings data on Thursday, November 20th. The company reported GBX 0.20 EPS for the quarter. Northern 3 VCT had a return on equity of 2.55% and a net margin of 52.77%.

Insider Activity

In other Northern 3 VCT news, insider John Waddell purchased 10,959 shares of the stock in a transaction on Tuesday, November 25th. The stock was acquired at an average price of GBX 91 per share, with a total value of £9,972.69. Also, insider Christopher J. Fleetwood purchased 10,975 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were acquired at an average price of GBX 91 per share, for a total transaction of £9,987.25. 0.98% of the stock is currently owned by company insiders.

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).