Northern 2 VCT (LON:NTV) Share Price Crosses Below 50 Day Moving Average – Time to Sell?
by Sarita Garza · The Markets DailyNorthern 2 VCT (LON:NTV – Get Free Report)’s stock price passed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 52.33 and traded as low as GBX 52.13. Northern 2 VCT shares last traded at GBX 52.63, with a volume of 2,430,577 shares changing hands.
Northern 2 VCT Trading Down 0.7%
The stock has a 50 day moving average of GBX 52.33 and a 200-day moving average of GBX 52.64. The stock has a market capitalization of £140.59 million, a P/E ratio of -87.72 and a beta of 0.22.
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.