Northern 3 VCT (LON:NTN) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Northern 3 VCT PLC (LON:NTN) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 81.17 and traded as low as GBX 80.50. Northern 3 VCT shares last traded at GBX 80.50, with a volume of 7,447 shares.

Northern 3 VCT Stock Performance

The stock has a market capitalization of £143.15 million, a P/E ratio of -134.17 and a beta of 0.16. The business has a fifty day simple moving average of GBX 81.05 and a 200-day simple moving average of GBX 82.16.

Northern 3 VCT (LON:NTN) last announced its quarterly earnings data on Tuesday, June 16th. The company reported GBX 0.40 EPS for the quarter. Northern 3 VCT had a negative net margin of 44.14% and a negative return on equity of 0.72%. The company had revenue of GBX 185 million during the quarter.

Northern 3 VCT Company Profile

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).