Northern 3 VCT (LON:NTN) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Northern 3 VCT PLC (LON:NTN)’s share price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 81.99 and traded as low as GBX 75. Northern 3 VCT shares last traded at GBX 75, with a volume of 51,000 shares.

Northern 3 VCT Price Performance

The company’s fifty day moving average is GBX 81.62 and its 200-day moving average is GBX 81.99. The stock has a market cap of £131.89 million, a PE ratio of -125.00 and a beta of 0.16.

About Northern 3 VCT

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).