Northern 2 VCT (LON:NTV) Stock Price Down 2.8% – Should You Sell?

Northern 2 VCT (LON:NTV) was down 2.8% during trading on Tuesday . The stock traded as low as GBX 52 and last traded at GBX 52. Approximately 771 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 171,664 shares. The stock had previously closed at GBX 53.50.

Northern 2 VCT Price Performance

The company has a market capitalization of £131.12 million, a price-to-earnings ratio of 14.05 and a beta of 0.22. The stock’s 50-day simple moving average is GBX 53.30 and its two-hundred day simple moving average is GBX 53.86.

About Northern 2 VCT

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.