Northern 2 VCT (LON:NTV) Shares Up 4% – What’s Next?

Shares of Northern 2 VCT (LON:NTV) shot up 4% during mid-day trading on Tuesday . The stock traded as high as GBX 56.50 and last traded at GBX 56.50. 2,823 shares traded hands during trading, a decline of 98% from the average session volume of 167,809 shares. The stock had previously closed at GBX 54.32.

Northern 2 VCT Trading Up 4.0%

The stock has a 50-day moving average price of GBX 54.66 and a 200 day moving average price of GBX 54.44. The stock has a market capitalization of £144.90 million, a price-to-earnings ratio of 15.27 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last released its quarterly earnings results on Thursday, November 20th. The company reported GBX 0.20 earnings per share for the quarter. Northern 2 VCT had a return on equity of 335.60% and a net margin of 7,373.23%.

Insider Buying and Selling

In related news, insider Ranjan Ramparia acquired 16,941 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were acquired at an average cost of GBX 59 per share, with a total value of £9,995.19. Also, insider Thomas Chambers bought 49,204 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was bought at an average price of GBX 59 per share, for a total transaction of £29,030.36. Company insiders own 0.37% of the company’s stock.

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.