Northern Venture Trust (LON:NVT) Issues Earnings Results

Northern Venture Trust (LON:NVT) announced its quarterly earnings data on Tuesday. The company reported GBX 0.20 earnings per share for the quarter, Digital Look Earnings reports. Northern Venture Trust had a negative return on equity of 1.03% and a negative net margin of 86.36%.The company had revenue of GBX 180 million for the quarter.

Northern Venture Trust Stock Performance

NVT stock opened at GBX 53.50 on Thursday. The firm has a 50 day moving average of GBX 56.85 and a 200-day moving average of GBX 56.75. Northern Venture Trust has a 12-month low of GBX 53.50 and a 12-month high of GBX 60. The company has a market cap of £140.03 million, a price-to-earnings ratio of 14.08 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.