Northern 2 VCT (LON:NTV) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Shares of Northern 2 VCT (LON:NTV) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 52.56 ($0.66) and traded as low as GBX 52 ($0.65). Northern 2 VCT shares last traded at GBX 52 ($0.65), with a volume of 4,000 shares.

Northern 2 VCT Stock Down 2.8 %

The company has a market cap of £115.07 million, a P/E ratio of 0.27 and a beta of 0.22. The business has a 50-day moving average price of GBX 52.56 and a two-hundred day moving average price of GBX 52.87.

Northern 2 VCT (LON:NTV) last announced its quarterly earnings data on Thursday, November 21st. The company reported GBX 0.20 ($0.00) EPS for the quarter. Northern 2 VCT had a return on equity of 335.60% and a net margin of 7,373.23%.

Northern 2 VCT Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, January 22nd. Investors of record on Thursday, December 19th were paid a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date of this dividend was Thursday, December 19th. This is a boost from Northern 2 VCT’s previous dividend of $1.20. This represents a dividend yield of 3.12%. Northern 2 VCT’s payout ratio is 1.58%.

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.