Northern 2 VCT (LON:NTV) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Shares of Northern 2 VCT (LON:NTVGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 52.63 and traded as low as GBX 50. Northern 2 VCT shares last traded at GBX 50, with a volume of 56,698 shares trading hands.

Northern 2 VCT Stock Performance

The stock has a market capitalization of £140.08 million, a P/E ratio of 14.05 and a beta of 0.22. The business has a fifty day simple moving average of GBX 52.63 and a 200 day simple moving average of GBX 53.23.

Northern 2 VCT (LON:NTVGet Free Report) last posted its earnings results on Tuesday, June 16th. The company reported GBX 0.30 earnings per share for the quarter. The company had revenue of GBX 215 million for the quarter. Northern 2 VCT had a negative return on equity of 1.11% and a negative net margin of 94.70%.

About Northern 2 VCT

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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.

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