Northern 2 VCT (LON:NTV) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Northern 2 VCT (LON:NTV)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 53.36 and traded as low as GBX 52.70. Northern 2 VCT shares last traded at GBX 52.70, with a volume of 990,494 shares.

Northern 2 VCT Stock Performance

The company has a market capitalization of £134.27 million, a P/E ratio of 14.24 and a beta of 0.22. The stock has a fifty day moving average of GBX 53.36 and a 200 day moving average of GBX 53.96.

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. 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.