Northern 2 VCT (LON:NTV) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Northern 2 VCT (LON:NTV)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 54.34 and traded as low as GBX 52. Northern 2 VCT shares last traded at GBX 55, with a volume of 4 shares traded.

Northern 2 VCT Stock Performance

The business’s 50-day moving average is GBX 54.34 and its two-hundred day moving average is GBX 54.43. The firm has a market capitalization of £139.59 million, a price-to-earnings ratio of 14.86 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last issued its quarterly earnings data on Thursday, November 20th. The company reported GBX 0.20 earnings per share (EPS) for the quarter. Northern 2 VCT had a net margin of 7,373.23% and a return on equity of 335.60%.

Insiders Place Their Bets

In other Northern 2 VCT news, insider Ranjan Ramparia purchased 16,941 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were bought at an average price of GBX 59 per share, with a total value of £9,995.19. Also, insider Thomas Chambers acquired 49,204 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were acquired at an average price of GBX 59 per share, for a total transaction of £29,030.36. 0.37% of the stock is owned by corporate insiders.

Northern 2 VCT Company Profile

Northern 2 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. It prefer to invest in growth capital investments. Within direct, the fund seeks to invest in middle market, later stage, buyout, mature, and early stage investments. Within fund of funds, it makes private equity fund investments. The fund prefers to invest in unquoted and AIM-quoted companies in the United Kingdom. It invests in all sectors, manufacturing and service businesses except real estate.